Bunker Price History Reports
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.
Friday, August 10, 2018 - As of the end of July 2018, Fujairah, Houston, Rotterdam and Singapore reported slight to modest changes in MGO prices compared to end of June by -3.53% to +1.92%. Volatility does not seem to be as wild as we have seen earlier this year.
Friday, July 20, 2018 - As of the end of June 2018, Houston, Rotterdam and Singapore are reporting lower MGO prices than at the end of May by 2.24% to 3.98%. End of June 2018 prices are still higher than one year ago by 34.00% to 53.15%.
Wednesday, June 13, 2018 - As of the end of May, Houston, Rotterdam and Singapore reported their highest MGO month-end prices in over three years. May's prices were 3.24% to 5.40% higher than April across regions tracked, while ranging higher than one year ago prices by 30.40% to 48.44%.
Wednesday, May 16, 2018 - MGO month-end prices continued their climb in April, ending 1.84% to 7.45% higher than March and 22.54% to 42.25% higher compared to April 2017. West Coast OPIS prices mirrored the MGO prices with increases across all locations tracked. Since the end of April, MGO and OPIS prices have continued to climb.
Thursday, April 19, 2018 - March's month-end MGO prices were higher than February's with prices 20.43% to 32.97% higher compared to March 2017. End of March OPIS prices for all West Coast locations were higher than end of February, with all but San Francisco reporting the highest prices since we began tracking OPIS in September 2015.