Bunker Price History Reports
Friday, November 15, 2019 - October prices in the four regions tracked were down 1.90% to 3.36% from end of September and down 12.56% to 18.85% from one year ago. October continued the recent run of wild and chaotic conflicting factors, like natural disasters, man-made disruptions, trade tensions and slowing global economic growth. As we get closer to January 1st, the effective date of IMO2020, uncertainty is growing as to the impact on MGO prices. All we can say is no one really knows where MGO prices are going to go for the immediate future.
Tuesday, October 22, 2019 - September prices in the four regions tracked trended upward 1.61% to 6.32% from end of August and down 11.43% to 18.5% from one year ago. September was impacted by a wild and chaotic mix of conflicting factors, such as natural disasters, man-made disruptions, continuing trade tensions and slower than expected growth worldwide.
Wednesday, September 25, 2019 - August prices in the four regions tracked trended downward 1.23% to 6.35% from end of July and 8.70% to 16.85% from one year ago. August was impacted by natural disasters, man-made disruptions as well as continuing trade tensions.
Tuesday, August 27, 2019 - July followed June's performance with mixed results when comparing month-over-month, but ended down from one year ago in all regions reported. End of July prices in the four regions monitored changed by -1.12% to +0.72% over June, while year-over-year prices were down 2.81% to 10.21%. Prices, production and demand are being impacted by offsetting global economic, political and environmental factors.
Tuesday, July 30, 2019 - June presented mixed results compared to May, but ended down from one year ago in all regions reported. End of June prices in the four regions tracked changed over end of May prices by -0.16% to 1.35% and were 5.56% to 9.95% less than one year ago. Price fluctuations continue to be driven by a number of economic, political and environmental factors worldwide.
Tuesday, May 21, 2019 - After March's decrease in prices, April showed a modest gain for all regions reported, except Fujairah which remained at its March level. All regions were off over one year ago by -5.20% to +4.85%. Mixed signals about the direction of oil prices are being sent to the market due to escalating tensions among multiple countries.
Tuesday, April 30, 2019 - Proving yet again that what goes up eventually comes down, all regions reported declined during March. All regions were off over one year ago by -5.04% to +6.78%. Price fluctuations are being driven by a number of economic, political and environmental factors worldwide. All of these factors contribute to the continuing volatility on an almost daily basis.
Thursday, March 21, 2019 - For the third month in a row, all regions reported continued to climb, inching their way closer to September 2018's record highs since we began tracking this information in February 2015. All regions were higher than one year ago by 2.82% to 8.82%.
Wednesday, February 20, 2019 - The steep decline in prices following September 2018's highest month-end prices posted since we began tracking this data in February 2015, has finally shifted into a slight to double-digit percentage increase in all regions reported. All regions, other than Fujairah which tends to lag other areas, were lower than one year ago by 4.33% to 11.12%.
Monday, January 28, 2019 - Following September 2018's highest month-end prices posted since we began tracking this data in February 2015, December saw a general steep decline in prices. All regions, other than Fujairah which tends to lag other areas, were lower than one year ago by 12.11% to 16.99%.
Wednesday, November 21, 2018 - October's month-end prices fell by 0.81% to 2.24% from September's month-end. Prices are still higher than one year ago by 28.81% to 35.49%. As of 21 November 2018, MGO prices decreased substantially further by 4.60% in Fujairah to 12.61% in Singapore. The decreases in prices are being driven by a number of factors.
Friday, October 19, 2018 - September 2018 posted the highest month-end prices since we began tracking this data in February 2015. Prices are still higher than one year ago by 32.32% to 40.17%. Oil prices are continuing to rise due to concerns about significant tension between the U.S. and Saudi Arabia and the IEA's newest forecasts for a decline in global oil demand for the rest of 2018 and in 2019.
Monday, September 24, 2018 - As of the end of August 2018, Fujairah, Houston, Rotterdam and Singapore reported modest changes in MGO prices compared to end of July by 2.17% to 5.13%. Prices are trending upwards and are 34.93% to 42.58% higher than end August 2017.