News
Biofuel Bunker Snapshot: B30 prices gain with conventional fuels
1+ day, 8+ hour ago (443+ words) Rotterdam’s B30 price premiums over conventional grades narrow Rotterdam’s B100 price posts modest drop Singapore’s bio-bunker sales drop for third month Rotterdam’s ZRE-rebated B30-VLSFO (POMEME) price has increased by $47/mt in the past week, probably influenced by a sharper $89/mt gain in…...
Brent gains on Red Sea escalation fears
1+ day, 13+ hour ago (212+ words) The front-month ICE Brent contract has gained by $0.87/bbl on the day, to trade at $85.11/bbl at 09.00 GMT. IMAGE: Oil pumpjack. Getty Images Brent’s price has jumped back above the $85/bbl mark following fresh threats from Iran to broaden the…...
New Times Shipbuilding delivers three LNG dual-fuel tankers
1+ day, 14+ hour ago (127+ words) Chinese shipbuilder New Times Shipbuilding has delivered three LNG dual-fuel tankers within the span of a week. IMAGE: Bruton’s LNG dual-fuel VLCC Mount Vision. New Times Shilbuilding The vessels, handed over between 7-10 July, are fitted with dual-fuel engines capable of…...
FIS: Fuel Oil Report 15 July
3+ day, 10+ hour ago (46+ words) engine.online FIS: Fuel Oil Report 15 July Singapore’s bio-bunker sales tumble in June, LNG sales also falls Singapore’s conventional bunker sales rose for second consecutive month Brent’s rally cools after Trump drops Hormuz fee plan...
API reports a drop in US crude stocks – Trading Economics
3+ day, 17+ hour ago (113+ words) Market analysts expected a bigger decline of around 2.7 million bbls, Trading Economics reported. “Commercial crude inventories… have declined by more than 60 million barrels over the past 12 weeks,” the report added. A decline in US crude inventories is generally viewed as…...
Singapore prices climb across all grades for third consecutive day
3+ day, 18+ hour ago (83+ words) engine.online Singapore prices climb across all grades for third consecutive day Singapore price changes on the day to 12.00 SGT (04.00 GMT) today: - VLSFO lingers around its highest level in more than a month - HSFO jumps to its highest level in…...
The Week in Alt Fuels: OCCS beyond pilots
1+ week, 1+ day ago (813+ words) Broader commercial deployment of onboard carbon capture and storage (OCCS) technology will depend on regulatory and infrastructure progress. IMAGE: Solvang's Clipper Eris vessel fitted with Wärtsilä's OCCS system. Solvang Several shipowners and operators are testing onboard carbon capture and storage…...
Fujairah’s fuel oil inventories surged significantly coming into July
1+ week, 2+ day ago (214+ words) Fujairah’s fuel oil stocks have averaged 112% higher so far in July than across June, Fujairah Oil Industry Zone (FOIZ) and S&P Global data shows. Changes in monthly average Fujairah stocks from June to July (so far): Fujairah's combined heavy…...
Brent slips as US crude inventories rise
1+ week, 2+ day ago (239+ words) The front-month ICE Brent contract has declined by $1.16/bbl on the day, to trade at $77.54/bbl at 09.00 GMT. Brent has received some support as tensions between the US and Iran continued to escalate, with the US launching fresh strikes on…...
Evos and HyFive to explore e-methanol logistics in Rotterdam
1+ week, 3+ day ago (219+ words) Dutch chemical storage firm Evos and Spanish startup HyFive will assess the feasibility of storing and supplying e-methanol in Rotterdam. IMAGE: Aerial view of Port of Rotterdam. X of @PortOfRotterdam HyFive is developing a 100,000 mt/year e-methanol project on Spain's…...