Fuel Market sentiment has received recently a boost from signs of improving demand from Asia’s large crude oil importers, as well as news of successful COVID-19 vaccine trials that may help contain the global pandemic and revive oil and fuel demand. Bunker fuel is the fuel oil/gas delivered to ships of all states that are engaged in international navigation. Access real-time data, charts, analytics and news from anywhere at anytime. It is thick and heavy and must be heated before it can be used in an engine. Find a broker. The Asia Pacific Exchange (APEX) officially launched its 380cst Fuel Oil Futures Contract (Contract Code: FO) for trading on 11th April 2019, 9pm Singapore time … The "South America Bunker Fuel Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.. The contract was likely traded as a spread against ten lots of Mini Singapore Fuel Oil 380 CST (Platts) December Futures that was submitted for clearing at $320/mt at the same time. Access more than 100 Fuel Oil futures and options contracts covering the global fuel oil market available on ClearPort and CME Globex. Find information for Singapore Fuel Oil 380 cst (Platts) Futures Quotes provided by CME Group. During the coming months of 2019, the 0.5% East-West and the various 0.5% fuel oil crack markets will also be introduced. Explore historical market data straight from the source to help refine your trading strategies. One cent ($0.01) per metric tonne. Bunker fuel, on the other hand, is a derivative of crude oil. Traditionally, most bunker fuel consumers hedge with fixed price swaps, call options and costless collars. Explore historical market data straight from the source to help refine your trading strategies. Fujairah Bunker Fuel Prices Today, IFO 380, IFO 180, MGO Prices per Ton, Live & Historical Price Charts Access real-time data, charts, analytics and news from anywhere at anytime. 2 Bunker B is a No. SINGAPORE DATA: Nov bunker fuel sales up nearly 3% on month to 4.26 mil mt OIL FUTURES: Prices climb on vaccine optimism; demand outlooks remain under pressure Crude futures settled higher after a volatile session Dec. 14 as the market balanced optimism surrounding the rollout of a COVID-19 vaccine against freshly dimmed near-term demand outlooks. The contract will help expand China’s pricing influence in global bunker fuel oil market and help China to improve its maritime transportation capacity. SINGAPORE DATA: Nov bunker fuel sales up nearly 3% on month to 4.26 mil mt OIL FUTURES: Prices climb on vaccine optimism; demand outlooks remain under pressure Crude futures settled higher after a volatile session Dec. 14 as the market balanced optimism surrounding the rollout of a COVID-19 vaccine against freshly dimmed near-term demand outlooks. We can distinguish between two main types: distillate fuels and residual fuels. May 29. Any multiple of 1,000 metric tonnes. Trading Price Quotation. “Bunker Fuel Market is growing at a High CAGR during the forecast period 2021-2027. Offering over 1000 energy futures and options contracts across crude oil, refined oil, power, natural gas, & emissions Understand how CME Group can help you navigate new initial margin regulatory and reporting requirements. Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX. Settlement Price Quotation. Platts Bunker Fuel service helps to develop, connect & explain the market price of crude oil and oil products. Stream live futures and options market data directly from CME Group. Digital bunker prices (DBP) MABUX has invented a parallel bunker market called the DIGITAL BUNKER MARKET, which relates entirely to Oil Future differentials - giving Digital Bunker Prices (DBP).. MABUX advises that DBP - The New Benchmark - should be the base for physical bunker prices.. A tool to make Bunker Price Mechanism more transparent: created from a much broader source of information World 3 [? © 2020 CME Group Inc. All rights reserved. © 2020 CME Group Inc. All rights reserved. Niche and innovative products such as minis and dailies to complement our clients’ changing hedging and clearing needs. The Bunker weekly review was contributed by Marine Bunker Exchange (MABUX). The "China Bunker Fuel Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering. Digital bunker prices (DBP) MABUX has invented a parallel bunker market called the DIGITAL BUNKER MARKET, which relates entirely to Oil Future differentials - giving Digital Bunker Prices (DBP).. MABUX advises that DBP - The New Benchmark - should be the base for physical bunker prices.. A tool to make Bunker Price Mechanism more transparent: created from a much broader source of information Globex Futures; Auto Refresh Is. Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX. Bunker Fuel Market Outlook - 2027. 5 fuel oil Bunker C corresponds to the residual fuel oil No. The cash-settled futures contracts allow you to hedge price risk in an increasingly volatile bunker market as markets grapple with changing dynamics relating to the new environmental regulations from 2020. protection shields b) Cylinder cover studs and tools Comprised of twenty eight contracts all settled against the S&P Global Platts Marine Fuel 0.5% assessments, these products operate alongside ICE’s deeply liquid benchmark Low Sulphur Gasoil, fuel oil and LNG markets. China to launch 0.5% LSFO bunker fuel futures contract on June 22. The Shanghai International Energy Exchange (INE) will launch its its low sulfur fuel oil bonded bunker futures contract on June 22. Manage the risk associated with renewable energies, environmental change and sustainable investments. Among the new products are a Rotterdam-based fuel oil differential contract (0.5% Rotterdam barges versus 1% NWE cargoes), an average-price option (0.5% Rotterdam barges) and contracts to cover smaller amounts. The MarketWatch News Department was not involved in the creation of this content. Modern Slavery Act Transparency Statement, Hedge price exposure to the 0.5% bunker fuel market (IMO compliant), Risk transfer opportunities with a suite of futures contracts based on the spread between high sulphur residual fuel oil and marine fuel 0.5% futures, Global product offering covers all three major bunker ports: Rotterdam, Singapore and Houston, Flexible, precise hedging choices available through a range of contract sizes, Margin offsets to Refined product and Crude Oil markets available on NYMEX, Full visibility of real-time block and trade data via CME Direct. 6 With the use of East-West and crack, market players will be able to price the 0.5% fuel directly from the crude oil futures, which is more transparent than … Hear from active traders about their experience adding CME Group futures and options on futures to their portfolio. 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