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Home ShipmanagementBunkering PRIME’S DAILY MARKET REPORT MAR 16, 2022

PRIME’S DAILY MARKET REPORT MAR 16, 2022

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Irene K Notias

SOURCES: Phys. Suppliers, Reuters

CRUDE OIL FUTURES   @ 15:06  WTI $99.90/bbl ↑1.46    Brent $100.55/bbl ↑0.64    Gasoil ↑18.00
 PORTS  (Del.costs)VLSFO (0.50%)RMG380DMA LSCOMMENTS/EARLY DEL. DATES
PIRAEUS (mtw)897-902s.i.952-957firm prices s.i.-avails
MALTA925-930s.i.1120-1125 
GIBRALTAR (mtd/mtw)919-924723-7281125-1130
ISTANBUL (mtw)975-980s.i.1100-1105
NOVOROSSIYSK780-785590-595920-925
ROTTERDAM821-826630-635937-942
LAS PALMAS 953-958730-7351110-1115
ALGOA BAY955-1000s.i.1160-1165
FUJAIRAH890-895625-6301160-1165firm prices s.i.-avails
COLOMBO1300-1305s.i.1070-1075tight avails
SINGAPORE820-825585-5901000-1005
ZHOUSHAN890-895s.i.1000-1005
BUSAN900-905668-6731050-1055
HOUSTON (mtw)894-899713-7181150-1155
PANAMA (mtw)845-850695-7001068-1073
RIO DE JANEIRO*823-828n.a.1088-1093
REMARKSs.i. = subject inquiry,  n.a = not available,   s.a. = subj. avails   
RME180, DMA & DMB prices, where avail, will be subj to inquiry
 Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.
 * Due to time zone difference or holiday, prices for these ports are yesterday’s closing *  
 + Prompt deliveries (before the earliest dates) may be possible but at high premiums 
 + Movements in prices are basis the respective port’s product & barge availability besides crude levels.
 + Since no one is a fortune teller there are no indicative prices for future delivery dates.  
 + All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

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