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- MABUX ARA LNG Bunker Index
Click to see more LNG Bunker IndexesPort LNG$/mton MGO LS$/mton Date ARA 594.16+60.78798.00+10.00Mar 18 - MABUX Global Bunker Index
Click to see Regional Bunker Indexes380HSFO$/mton VLS FO$/mton MGO LS$/mton Date 545.26+2.06688.65+3.19909.06+4.24Mar 18 - MBP INDEX vs DBP INDEX (ICE/NYMEX)
Click to see more detailsAll Indexesin $/mton380HSFO VLS FO MGO LS Date MBP Index DBP Index Diff MBP Index DBP Index Diff MBP Index DBP Index Diff Rotterdam 474530-56 597628-31 798900-102 Mar 18 Singapore 495547-52 649633+16 803909-106 Mar 18 Fujairah 456559-103 644630+14 890957-67 Mar 18 Houston 484515-31 646644+2 834829+5 Mar 18 - Analytical Section
- Daily and Weekly Bunker analyses and Future Curves
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- Latest News
- 2024-03-18
Oil prices climb 2% to 4-month high on lower Iraq, Saudi exports
Oil prices climbed about 2% to a four-month high on Monday on lower crude exports from Iraq and Saudi Arabia and signs of stronger demand and economic growth in China and the U.S. Brent futures rose $1.55, or 1.8%, to settle at $86.89 a barrel, while... Read more - 2024-03-18
EUROPE: PORT OF SKAGEN AND STILLSTROM TO EXPLORE OFFSHORE CHARGING SOLUTIONS
The Port of Skagen and Stillstrom by Maersk have signed a Memorandum of Understanding (MoU) to jointly explore the integration of offshore power and charging solutions into the anchorage zone of the Danish port, also referred to as ‘Skagen Anchorage’. In... Read more
- 2024-03-18
ASIA PACIFIC: ABEL LOOKING TO PROVIDE GREEN METHANOL FOR SINGAPORE’S BUNKER MARKET FROM AUSTRALIAN MANUFACTURING PLANT
Australia-based ABEL Energy has announced that it is looking to accelerate the potential construction of a manufacturing plant at the Cleveland Bay Industrial Park in the Townsville State Development Area to produce 400,000 tonnes per annum of green methanol... Read more
- 2024-03-18
GLOBAL: IEA: A TURNING POINT FOR METHANE EMISSIONS?
Methane emissions from energy rose slightly in 2023 but are expected to decline soon, according to data from the International Energy Agency’s latest Global Methane Tracker update. In a statement issued today (18 March), the IEA said that its Global... Read more
- 2024-03-18
ASIA PACIFIC: HAMBANTOTA INTERNATIONAL PORT WELCOMES FIRST LNG-POWERED VESSEL
NYK’s Jasmine Leader has become the first LNG-powered ship to call Sri Lanka’s Hambantota International Port (HIP). The pure car and truck carrier (PCTC) arrived at HIP in the first week of March, the port said in a statement today (18 March). Jasmine... Read more
- 2024-03-18
GLOBAL: ADNOC INKS LNG SUPPLY AGREEMENT WITH SEFE
ADNOC has signed a 15-year Heads of Agreement with SEFE Marketing & Trading Singapore Pte Ltd., a subsidiary of Germany’s SEFE Securing Energy for Europe GmbH, for the delivery of 1 million metric tonnes per annum (mmtpa) of LNG. In a statement issued... Read more
- 2024-03-18
EUROPE: AGREEMENT SIGNED FOR FOSSIL-FREE GREEN CORRIDOR BETWEEN SWEDEN AND GERMANY
The ports of Trelleborg and Lübeck, ferry operator TT-Line and Lübecker Hafen-Gesellschaft have signed a Memorandum of Understanding (MoU) to establish a green shipping corridor that will be free of fossil fuels by 2040. In a joint statement, the parties... Read more
- 2024-03-18
Oil prices build on last week's gains as supply risks rise
Oil prices ticked up in Asian trade on Monday, extending gains from last week when prices rose nearly 4% on the view that supply was tightening, with the risks heightened by further attacks on Russian energy infrastructure. Brent crude oil futures for... Read more - 2024-03-18
Saudi Arabia’s Non-Oil Revenue Hits 50% Of GDP
For decades, Saudi Arabia has been regarded as the de facto leader of OPEC and a swing-producer critical to curtailing large price overshoots in either direction. Over the past few years, the Arab nation has borne the lion’s share of OPEC+ production... Read more - 2024-03-18
MABUX: Global bunker market to await a shift in sentiment on Mar.18.
MABUX World Bunker Index (as index calculated based on current prices for 380 HSFO, VLSFO and MGO) continued a slight upward movement on Mar. 15: 380 HSFO - USD/MT - 543.20 (+1.06) VLSFO - USD/MT – 685.46 (+3.02) MGO - USD/MT – 904.82 (+1.45) As... Read more
- 2024-03-18