Mabux: Global Bunker Prices

LNG BUNKER PAGE
- LNG bunker indexes
- OIL/GAS futures settlements
- LNG bunker news
- LNG fuel energy content
SEE LNG BUNKER INDEXES
MARKET BUNKER PRICES (MBP)
- 400+ ports worldwide
- Bunker Price History available from 2002
- Supplier's contact details
- Price forecast short (1 day) and long (rolling forward 2 years)
- Differentials section: VLSFO/380 HSFO, VLSFO/MGO LS, MGO LS/VLSFO
See Market Bunker Prices
DIGITAL BUNKER PRICES (DBP:ICE/NYMEX)
- Price adjustments to the Bunker Market's volatility instantly
- Completely independent
- Free from price manipulations
- Unique tool to identify overcharge/undercharge prices
See Digital Bunker Prices for free

MABUX ARA LNG Bunker Index
Port LNG$/mton MGO LS$/mton Date
ARA
745.01
-45.27
609.00
-7.00
Sep 9
Click to see more LNG Bunker Indexes

Port	LNG$/mton	MGO LS$/mton	Date
ARA	745.01	-45.27	609.00	-7.00	Sep 9

MABUX Global Bunker Index

380HSFO$/mton		VLS FO$/mton		MGO LS$/mton		Date
502.38	+3.89	601.24	+2.89	749.95	+3.76	Sep 13

Click to see Regional Bunker Indexes

MBP INDEX vs DBP INDEX (ICE/NYMEX)

All Indexes in $/mton	380HSFO			VLS FO			MGO LS			Date
All Indexes in $/mton	MBP Index	DBP Index	Diff	MBP Index	DBP Index	Diff	MBP Index	DBP Index	Diff	Date
Rotterdam	410	459	-49	506	547	-41	616	737	-121	Sep 13
Singapore	445	474	-29	583	549	+34	623	746	-123	Sep 13
Fujairah	465	485	-20	576	542	+34	777	794	-17	Sep 13
Houston	415	456	-41	505	572	-67	637	645	-8	Sep 13

Click to see more details

Digital Bunker Prices
Reasons, Mechanism, Benefits
Click to view presentation

Try free for 3 days

Analytical Section
- Daily and Weekly Bunker analyses and Future Curves
- World and regional Bunker indices
- Bunker Price Forecast for 40+ ports
- Digital Bunker Prices
MABUX for Industry
- API for integration with your application, custom solutions available upon demand
- Bunker market analyses upon request for required region or port
- Bunker Price seminars that allow to learn how to use MABUX tools for bunker business
- MABUX Open Bunker Directory features contact details of bunker suppliers, traders and brokers worldwide.
Latest News
- 2024-09-16
  Oil Net Short For First Time in History
  Brent crude oil is currently priced at $72.14 per barrel, showing a slight increase of $0.17 (+0.24%) for the day. However, behind this small rise is a much larger story unfolding in the oil markets. According to energy investor and market commentator... Read more Brent crude oil is currently priced at $72.14 per barrel, showing a slight increase of $0.17 (+0.24%) for the day. However, behind this small rise is a much larger story unfolding in the oil markets.
  According to energy investor and market commentator Eric Nuttall, the financial demand for oil, known as "net length," has dropped to its lowest point in history. Essentially, "net length" refers to the difference between the number of investors betting oil prices will rise (long positions) versus those betting they will fall (short positions). When net length is low, it means there is a reduced belief that prices will increase.
  What's even more striking is that, for the first time ever, the paper market for Brent crude is "net short." This means there are now more investors betting that oil prices will fall than those expecting them to rise. This is significant because it's rare to see such pessimism in the market, especially when physical global oil inventories are falling at a rate of about a million barrels per day.
  
  Why does this matter? Typically, when oil supply is low, prices tend to rise due to scarcity. However, the current setup is unusual—while physical oil barrels are declining, the financial market appears to be betting on lower prices. For contrarians who thrive on going against the crowd, this could signal an opportunity. They may believe the market is underestimating the potential for future price increases, given the tight supply situation.
  
  This tension between the financial and physical sides of the oil market suggests that volatility and price swings may be on the horizon. Keep an eye on these dynamics as they unfold.
  
  By Julianne Geiger for Oilprice.com Source: Oilprice.com
- 2024-09-16
  Oil prices inch up on Fed rate cut outlook
  Oil prices edged up in early trade on Monday amid expectations of a U.S. interest rate cut this week, though gains were capped by U.S. supply resumptions following Hurricane Francine and weaker China data. Brent crude futures for November were up 15... Read more Oil prices edged up in early trade on Monday amid expectations of a U.S. interest rate cut this week, though gains were capped by U.S. supply resumptions following Hurricane Francine and weaker China data.
  
  Brent crude futures for November were up 15 cents, or 0.2% at $71.76 a barrel at 0015 GMT. U.S. crude futures for October were up 23 cents, or 0.3%, at $68.88 a barrel.
  
  Both contracts had settled lower in the previous session, with concerns about supply disruptions easing as Gulf of Mexico crude production resumed following Hurricane Francine and as rising data showed a weekly rise in U.S. rig count.
  
  Still, nearly a fifth of crude oil production and 28% of natural gas output in the Gulf of Mexico remain offline in the hurricane's aftermath.
  
  A key factor that will dominate the market this week is how aggressive a rate cut the U.S. Federal Reserve will deliver following its Sept. 17-18 meeting. Fed fund futures show investors are increasingly betting the central bank will cut by 50 basis points instead of 25 bps, according to CME FedWatch.
  
  Lower interest rates will reduce the cost of borrowing, which can boost economic activity and lift demand for oil.
  
  "We remain in the gradualist camp and expect the Fed to begin cutting by 25 basis points," ANZ analysts in a note.
  
  In China, the world's top oil importer, industrial output growth slowed to a five-month low in August, while retail sales and new home prices weakened further. Oil refinery output also fell for a fifth month, as disappointing fuel demand and weak export margins curbed production.
  
  Source: investing.com
- 2024-09-16
  Gold prices hit record high on rate cut bets, Trump assassination attempt
  Gold prices hit a record high in Asian trade on Monday amid growing bets that the Federal Reserve will cut interest rates by a bigger margin later this week. Reports of a second assassination attempt on Republican presidential nominee Donald Trump... Read more Gold prices hit a record high in Asian trade on Monday amid growing bets that the Federal Reserve will cut interest rates by a bigger margin later this week.
  
  Reports of a second assassination attempt on Republican presidential nominee Donald Trump also spurred some demand for safe havens, although Trump appeared to be unharmed, and the assailant apprehended.
  
  Asian trading volumes were somewhat limited by market holidays in Japan, China, and South Korea.
  
  Spot gold rose 0.4% to a record high of $2,589.02 an ounce, while gold futures expiring in December rose 0.1% to $2,613.70 an ounce.
  
  Gold benefits from rate cut bets as Fed looms
  A softer dollar allowed for more strength in gold prices, as markets awaited a Fed meeting.
  
  The central bank is widely expected to cut interest rates on Wednesday, although markets are split between a 25 or 50 basis point cut.
  
  CME Fedwatch showed markets split exactly 50% over the two options, with bets on a bigger cut coming back into play on concerns over weakness in the labor market.
  
  The central bank is also expected to kick off an easing cycle from this week, with analysts expecting at least 100 bps of rate cuts by the end of the year.
  
  Lower rates bode well for precious metals, given that they reduce the opportunity cost of investing in non-yielding assets.
  
  Platinum futures rose 0.4% to $1,004.80 an ounce, while silver futures rose 0.8% to $31.332 an ounce.
  
  Trump assassination attempt spurs some safe haven demand
  Source:
- 2024-09-16
  Oil prices edge higher as rate cut hopes offset demand fears
  Oil prices rose slightly in Asian trade on Monday, benefiting from a softer dollar as traders positioned for an interest rate cut by the Federal Reserve later this week. But gains were capped by persistent concerns over slowing demand, especially... Read more Oil prices rose slightly in Asian trade on Monday, benefiting from a softer dollar as traders positioned for an interest rate cut by the Federal Reserve later this week.
  
  But gains were capped by persistent concerns over slowing demand, especially following a slew of weaker-than-expected economic data from China over the weekend. U.S. production was also seen picking up from the impact of Hurricane Francine in the Gulf of Mexico.
  
  Market holidays in China and Japan also kept trading volumes relatively slim.
  
  Brent oil futures expiring in November rose 0.2% to $71.75 a barrel, while West Texas Intermediate crude futures rose 0.3% to $67.94 a barrel by 21:40 ET (01:40 GMT).
  
  Rate cuts in focus as Fed meeting looms
  A softer dollar was the biggest point of support for oil prices, as markets positioned for an interest rate cut from the Fed on Wednesday.
  
  The central bank is likely to kick off an easing cycle, although traders are split over a 25 or 50 basis point cut.
  
  Still, lower rates bode well for economic growth, which in turn could help keep U.S. fuel demand supported in the coming months.
  
  Chinese economic data underwhelms
  Chinese economic data released over the weekend pointed to more economic weakness in the world’s biggest oil importers.
  
  Industrial production and retail sales both missed expectations, while unemployment rose and house prices fell.
  
  The readings ramped up concerns that slowing economic growth in the world’s biggest oil importer will dent its appetite for crude.
  
  3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads.
  Analysts at ANZ said Beijing was likely to roll out more stimulus measures to help support local economic growth, although they still expect gross domestic product to come below the government’s 5% target in the third quarter.
  
  Concerns over China saw both the Organization of Petroleum Exporting Countries and the International Energy Agency slash their outlook for oil demand growth in the current year.
  
  The move pulled oil prices to near three-year lows last week, although they did rebound marginally. Source: investing.com
- 2024-09-16
  Fifth of US Gulf of Mexico crude oil and 28% of gas offline, regulator says
  Nearly a fifth of crude oil production and 28% of natural gas output in U.S. Gulf of Mexico federal waters remains offline in the aftermath of Hurricane Francine, the U.S. offshore energy regulator said on Sunday. Francine marched through prime offshore... Read more Nearly a fifth of crude oil production and 28% of natural gas output in U.S. Gulf of Mexico federal waters remains offline in the aftermath of Hurricane Francine, the U.S. offshore energy regulator said on Sunday.
  
  Francine marched through prime offshore oil and natural gas producing areas and hit Louisiana as a Category 2 hurricane on Wednesday. The storm toppled trees, flooded coastal areas and cut power in four southern states.
  
  Energy producers on Sunday had 338,690 barrels per day of oil production and nearly 515 million cubic feet of natural gas offline in Gulf waters, the Bureau of Safety and Environmental Enforcement estimated from producer reports.
  
  Cumulative offshore production losses due to Francine total 2.16 million barrels of crude oil and 4.635 billion cubic feet of natural gas, according to a Reuters tally of BSEE daily estimates.
  
  There were 37 oil and gas platforms still evacuated on Sunday, about 10% of the Gulf of Mexico total, down from 171 evacuated offshore platforms at peak last week, the offshore regulator said citing reports from producers.
  Source: investing.com; Reuters
- 2024-09-13
  Oil prices rise as US production slowly resumes after hurricane
  Oil prices rose more than $1 a barrel on Friday, extending their rally and putting crude on course for a weekly gain on the back of output disruptions in the U.S. Gulf of Mexico after Hurricane Francine forced the evacuation of production platforms. Brent... Read more Oil prices rose more than $1 a barrel on Friday, extending their rally and putting crude on course for a weekly gain on the back of output disruptions in the U.S. Gulf of Mexico after Hurricane Francine forced the evacuation of production platforms.
  Brent crude futures were up $1.16 cents, or 1.6%, at $73.13 a barrel by 10:49 a.m. EDT (1449 GMT). U.S. West Texas Intermediate crude futures rose $1.24, or 1.8%, to $70.21.
  If those gains hold, both benchmarks will break a streak of weekly declines despite Brent crude dipping below $70 a barrel on Tuesday for the first time since late 2021.
  At current levels, Brent is set for a weekly increase of about 3% while WTI is poised to register a roughly 3.5% gain.
  "Ongoing supply disruptions in Libya and larger-than-expected disruption in the Gulf of Mexico due to Hurricane Francine keep the oil market tight," said Giovanni Staunovo, an analyst at UBS.
  "Further support is likely coming from short-covering activity as a result of rebounding prices."
  A weaker U.S. dollar also helped support oil prices. Dollar weakness makes dollar-denominated commodities cheaper for holders of other currencies.
  Oil producers assessed damage and conducted safety checks on Thursday as they prepared to resume operations in the U.S. Gulf of Mexico after Francine, which has since been downgraded to a storm. Official data showed that nearly 42% of the region's oil output was shut in as of Thursday.
  The storm-based rally could be short-lived, however, considering the weather system failed to curtail onshore crude production, said Jim Ritterbusch, energy analyst at Ritterbusch and Associates.
  
  "These cuts are expected to prove brief and within the broader context are unlikely to spur much movement in the crude balances given the importance of shale production that accounts for the major portion of U.S. output," Ritterbusch said.
  Both the Organization of Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA) lowered their demand growth forecasts this week, citing economic struggles in China, the world's largest oil importer.
  U.S. oil stockpiles also rose across the board last week as crude imports grew and exports dipped, the Energy Information Administration (EIA) said on Wednesday.
  Investors are looking ahead now to the U.S. Federal Reserve's two-day policy meeting next week. It is widely expected to cut interest rates on Wednesday. Source: Reuters/Investing.com
- 2024-09-13
  GLOBAL: KBR AWARDED CONTRACT FOR FLOATING BLUE AMMONIA STUDY BY SAMSUNG HEAVY INDUSTRIES
  KBR has announced it has secured a conceptual study contract from Samsung Heavy Industries (SHI) to develop floating blue ammonia production technology. Houston based, KBR has been active in the field of ammonia technology for over 80 years, having... Read more
- 2024-09-13
  AMERICAS: GALVESTON LNG BUNKER PORT INKS GAS SUPPLY AGREEMENT
  Galveston LNG Bunker Port (GLBP) has entered into a Gas Supply Agreement (GSA) for the delivery of natural gas to the proposed GLBP terminal in Texas City, Texas. GLBP has laid the foundation for a partnership with Energy Transfer’s Houston Pipeline... Read more
- 2024-09-13
  GLOBAL: IMO INVITING APPLICATIONS FOR ASSISTANCE ON DECARBONISATION PILOT PROJECTS
  The International Maritime Organization (IMO) is inviting applications for technical assistance to support pilot projects focused on zero- or near-zero GHG emission solutions onboard ships and in ports. In a notice posted on its website today (12 September),... Read more
- 2024-09-13
  ASIA PACIFIC: GOH CHUNG HUN RETURNS TO LR AS PRESIDENT OF SINGAPORE BRANCH
  Goh Chung Hun will rejoin Lloyd’s Register (LR) as President of its Singapore branch following a three-year tenure as General Manager (Fleet) at Pacific International Lines (Pte) Ltd (PIL). Chung Hun, who was Marine Operations Manager in Singapore... Read more