w.mabux.comMabux: Global Bunker

Prices ➤ API solutions are available upon request ➤ EU Allowances (EUA Futures) are now being published on MABUX Register Sign in Please use your current login and password. If don’t remember your password you can click to setup new. Close 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 Try free for 3 days MABUX ARA LNG Bunker Index Port LNG $/mton MGO LS $/mton Date ARA 614.29 0.00 735.00 +5.00 May 13 Click to see more LNG Bunker Indexes MABUX Global Bunker Index 380HSFO $/mton VLS FO $/mton MGO LS $/mton Date 544.06 -0.20 657.68 +0.88 839.35 +0.80 May 16 Click to see Regional Bunker Indexes MBP INDEX vs DBP INDEX (ICE/NYMEX) All Indexes in $/mton 380HSFO VLS FO MGO LS Date MBP Index DBP Index Diff MBP Index DBP Index Diff MBP Index DBP Index Diff Rotterdam 483 525 -42 567 621 -54 735 816 -81 May 16 Singapore 520 538 -18 622 628 -6 723 825 -102 May 16 Fujairah 509 549 -40 628 624 +4 870 873 -3 May 16 Houston 480 515 -35 583 642 -59 744 739 +5 May 16 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 2024-05-16 Oil prices rise; mild CPI, falling US inventories point to rising US demand Oil prices rose on Thursday, extending gains from the prior session on signs of stronger demand in the U.S., the world’s largest consumer. 11:15 ET (15:15 GMT), Brent oil futures rose 0.3% to $83.03 a barrel, and West Texas Intermediate crude futures... Read more Oil prices rose on Thursday, extending gains from the prior session on signs of stronger demand in the U.S., the world’s largest consumer. 11:15 ET (15:15 GMT), Brent oil futures rose 0.3% to $83.03 a barrel, and West Texas Intermediate crude futures rose 0.6% to $79.06 a barrel. US inventories shrink more than expected A bigger-than-expected draw in U.S. inventories fueled bets on tighter global supplies in the coming months, the important summer driving season. Shrinking inventories could also signal tighter U.S. markets, although this notion was offset by production remaining near record highs. An accident in Galveston, Texas, which resulted in an oil spill, was also in focus for any potential supply disruptions. Soft US CPI data boosts oil The crude market has also been swept up in the broader cheer over soft readings on U.S. consumer price index inflation, which dented the dollar and saw traders increase bets on a September interest rate cut. The prospect of lower rates tied into hopes that global economic activity will not cool as sharply as expected in 2024, which in turn bodes well for oil demand. "Slightly weaker than expected U.S. CPI and weaker retail sales data were supportive, increasing expectations that the Fed may start cutting rates soon. The market is now fully pricing in a September rate cut, while a second cut is also fully priced in by December," said analysts at ING, in a note. A softer dollar also factored into stronger oil prices, given that the commodity is priced in the greenback. A weaker dollar also encourages international demand by making oil cheaper to buy. Optimism over more fiscal stimulus in China also drove up prices. Beijing said it will begin a massive, 1 trillion yuan ($138 billion) bond issuance as soon as this week. IEA cuts demand outlook Still, while the prospect of tighter supplies boosted markets, the International Energy Agency forecast that demand was likely to weaken in 2024. The IEA cut its demand outlook for 2024 by 140,000 barrels per day to 1.1 million bpd. This contrasted heavily with a forecast from the Organization of Petroleum Exporting Countries that oil demand will amount to 2.25 million bpd in 2024 - a forecast the OPEC maintained in a monthly report on Tuesday. OPEC+ meeting looms large The Organisation of Petroleum Exporting Countries and allies, a group known as OPEC+, meets on June 1, and are set to evaluate their currency output cuts in place. These producers are currently making voluntary output cuts totalling about 2.2 million barrels per day for the first half of 2024, led by Saudi Arabia rolling over an earlier voluntary cut. These curbs come on top of earlier reductions announced in various steps since late 2022 and bring the total pledged cuts to about 5.86 million bpd, equal to just under 6% of daily world demand. UBS expects them to agree to extend their voluntary production cuts, in an attempt to keep the oil market in balance. Oil inventories falling by less than we had expected in recent weeks and U.S. interest rates staying higher for longer are likely to have an impact on OPEC+’s policy of being proactive, preemptive, and precautionary,” said analysts at UBS, in a note dated May 14. We now expect the eight member states with voluntary production cuts to extend them by at least three months ahead of the ordinary meeting at the beginning of June.” Source: Investing.com 2024-05-16 GLOBAL: ADNOC DELIVERS ‘WORLD’S FIRST’ BULK SHIPMENT OF CCS-ENABLED CERTIFIED LOW-CARBON AMMONIA TO JAPAN ADNOC has delivered what it described as ‘the world’s first certified bulk commercial shipment of low-carbon ammonia enabled by carbon capture and storage (CCS)’ to Mitsui in Japan. In a statement issued on Tuesday (14 May), ADNOC said that the ‘landmark... Read more 2024-05-16 GLOBAL: EVERWIND AND PORT OF ROTTERDAM COLLABORATING ON GREEN HYDROGEN SUPPLY CHAIN DEVELOPMENT North American firm EverWind Fuels is partnering with the Port of Rotterdam to advance the green hydrogen supply chain. With this partnership, EverWind’s green hydrogen production from its projects in Atlantic Canada will support Port of Rotterdam’s... Read more 2024-05-16 GLOBAL: GMF WARNS THAT ‘POINTING THE GREENWASHING FINGER’ COULD IMPEDE PROGRESS ON GREEN SHIPPING CORRIDORS Surveying how climate NGOs are calling on players in the shipping industry to justify their environmental claims, Katrina Abhold, Senior Project Manager, Decarbonisation at the Global Maritime Forum, argued that: ‘Though the crackdown on greenwashing... Read more 2024-05-16 GLOBAL: LR SUPPORTING STENA LINE IN CONVERTING RO-ROS TO METHANOL PROPULSION Lloyd’s Register (LR) has announced that it will be working with Stena Line Ferries on a project to retrofit two fast roll-on/roll-off (Ro-Ro) vessels, the Stena Superfast VII and Stena Superfast VIII, with dual fuel propulsion systems running on methanol... Read more 2024-05-16 AMERICAS: PETROPERU REPORTEDLY LOOKING AT PRIVATE MANAGEMENT HELP TO OVERCOME FINANCIAL PROBLEMS Written by Ian Taylor Publish Petroperu has reportedly sent a proposal to the Peruvian President Dina Boluarte asking that the government consider appointing private management to help overcome the national oil company’s current financial woes. According to an article published... Read more 2024-05-16 MABUX: Bunker Weekly Outlook, Week 20, 2024. Over the Week 20, the MABUX global bunker indices continued modest decline. The...