Dear Subscriber: Your Bunkerworld service is moving to Platts Dimensions Pro (PDP). All users now have access to PDP and need to migrate. This website (www.bunkerworld.com & www.portworld.com) will be decommissioned on July 1, 2022. To access the new Bunkerworld website on PDP click here. For more information please contact: support@platts.com
S&P Global Platts wishes to announce that it will discontinue the following Bunkerworld functionality, effective July 1, 2022:
- 28-day spreads for individual grades and ports
- 28-day volatility for individual grades and ports
- Regional pricing averages
- Largest one-day movements in port prices
- Bunker surcharges
Bunker Surcharges will be provided through the Container Freight/Shipping service.
Please provide any further comments or feedback to support@platts.com
Hong Kong June marine fuel 0.5%S bunker to firm on soaring Singapore premium
Hong Kong imports bunker fuel mainly from Singapore, therefore the fundamentals and price trends in Singapore are typically reflected in the Hong Kong bunker market with a time lag.
Crude in floating storage falls despite Russian oil on water reaching elevated levels
For the week beginning May 23, Kpler estimates volumes of crude in floating storage at 89 million barrels, the lowest since April 3. The Kpler estimate is based on the volume of oil on tankers idled offshore for seven days or more.
Panama bunker sales hit second-highest volume since IMO 2020 in April
The sales of very low sulfur fuel oil were of 289,123 mt in April, up 35,802 mt, or 14.1%, from March but down 4.7% from April 2021.
Asia residual fuels: Key market indicators for May 23-27
The Singapore marine fuel oil market is expected to hover at record high levels over the May 23-27 trading week, despite slowing downstream bunker demand, due to limited availability of low sulfur fuel oil cargoes in the near term.
ARA fuel oil stocks drop 1.26% on week at 1.022 million mt: Insights Global
Fuel oil stocks in the region represented 21.5% of total refined oil product stocks in the region, which is higher than last wee's percentage share at 20.6%.
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