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  Ports       380 cSt 180 cSt ULS F0 MGO/MGO LS Date
Rotterdam(NL) Market Indications   
ULS FO / MGO LS
Ex Barge     299 arrow     317 arrow    
441

arrow
    -
457

arrow
25 May
ice logo Updated every 30s
Rotterdam (NL) Price Forecast
   
Forecast for today:
Forecast for tomorrow:
-1.00
+2.25

 
 
 
 
-
-
 
 
            +1.25
+2.00

May24
Data retrived: 2017-05-25 08:05 CET
Please note that above-mentioned prices are purely indicative -based on volumes fuel 500 mt and mdo / gas oil 100 mt-, to be used as guidance only, since market is fluctuating constantly.

DISCLAIMER!

Prices published are only indications and may therefore vary.
Marine Bunker Exchange takes no responsibility for any market decisions taken on the basis of such indications.
MABUX World Bunker Index 380 HS, 180 HS and MGO (Gasoil) Future Curve
world index
Date380HSFO180HSFOMGO LS
2017-05-24305.00(+2.5)345.79(+2.79)516.93(+2.07)
2017-05-23302.50343.00514.86
oil futures
DateBrentWTISpread
2017-05-2453.9651.362.6
2017-05-2354.1551.472.68
Brent crude oil
Prices shown in $/barrel
Light crude oil (WTI)
Prices shown in $/barrel
Gas oil
Prices shown in $/mton
Heating oil
Prices shown in $/mton
National Balаncing Point NBP
Prices shown in pence/therms

Latest News

Oil prices rise in anticipation of extended OPEC-led output cut

2017-05-25 - Oil prices rose ahead of an OPEC meeting on Thursday that is expected to extend output cuts into 2018, adding at least nine months to an initial six-month curb in the first half of this year. Brent crude futures LCOc1 were trading at $54.41 per barrel at 0539 GMT, up 45 cents, or 0.8 percent from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 40 cents, or 0.8 percent, at $51.76. Both benchmarks have climbed over 16 percent from their May lows. Prices have risen on a consensus that a pledge by the Org... Read more

OPEC Wants to Carry on Pumping Less and Earning More

2017-05-25 - Production cuts produce higher petrodollar revenues, IEA says Saudi Arabia, Russia push to extend curbs a further 9 months At first glance, OPEC’s cuts haven’t worked -- global oil inventories remain well above normal levels. But the policy’s made a difference where it really counts: juicing the coffers of finance ministries from Baghdad to Caracas. The resurgent flow of petrodollars explains why Saudi Arabia and Russia have largely convinced everyone else in the deal to extend the production cuts another nine months ... Read more

U.S. crude stocks down 4.432 mn barrels vs. forecast fall of 2.419 mn

2017-05-25 - U.S. crude stocks fell more than expected in the latest week, official data showed Wednesday. The EIA said crude inventories fell by 4.432 mn barrels after a fall of 1.753 mn barrels the previous week. Crude inventories were forecast to fall by 2.419 mn barrels. Gasoline stocks fell by 787,000 barrels after a drop of 413,000 barrels the previous week. Gasoline inventories were expected to fall by 1.194 mn barrels. WTI was up 0.14% at $51.54 after data release. -Investing.com Read more

Oil Resumes Gain Toward $52 Before OPEC Meets on Production Cuts

2017-05-25 - Oil climbed to a five-week high, nearing $52 a barrel before OPEC ministers meet in Vienna to decide on extending supply cuts. Futures rose as much as 1.1 percent in New York after closing lower Wednesday for the first time in six sessions. A committee of OPEC members and its allies recommended prolonging the curbs for another nine months, according to a statement from the group. A final decision is expected Thursday. In the U.S., oil inventories fell a seventh week while output gained, government data showed. Crude has climbed as Saudi A... Read more

Nigerian Oil Production To Reach 2.2 Million Bpd By June

2017-05-25 - The CEO of Nigerian oil company Oando says the worst of the west African country’s output disruptions are over as the twice-attacked Forcados pipeline returns to full capacity by the end of June. National production will touch 2.2 million barrels per day by June as well, Pade Durotoye told reporters at the Africa Independents Forum in London on Wednesday. "We think that the worst is behind us," he said. "Before the end of June, we will have Forcados back, which would take us comfortably back to 2.2 million bpd." ... Read more

OPEC Set to Prolong Cuts as Effort to Clear Glut Goes Slow

2017-05-25 - Panel of six OPEC, non-OPEC nations supports 9-month extension Russian minister says option for further extension possible OPEC and its allies were poised to extend their production cuts for another nine months after last year’s agreement failed to clear a global supply glut or deliver a sustainable price recovery. Six months after forming an unprecedented coalition of 24 nations and delivering output reductions that exceeded all expectations, some of the world’s largest oil producers faced the fact that they’d fallen... Read more