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Home ShipmanagementBunkering PRIME’S DAILY MARKET REPORT MAR 18, 2022

PRIME’S DAILY MARKET REPORT MAR 18, 2022

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Irene K. Notias

SOURCES: Phys. Suppliers, Reuters            

CRUDE OIL FUTURES   @ 12:50  WTI $104.22/bbl ↑1.24    Brent $107.81/bbl ↑1.17    Gasoil↓0.25
 PORTS  (Del.costs)VLSFO (0.50%)RMG380DMA LSCOMMENTS/EARLY DEL. DATES
PIRAEUS (mtw)1018-1023s.i.1063-1068firm prices s.i.-avails
MALTA925-930s.i.1120-1125
GIBRALTAR (mtd/mtw)909-914720-7251095-1100
ISTANBUL (mtw)1010-1015s.i.1135-1140
NOVOROSSIYSK800-805585-590960-965
ROTTERDAM840-845625-6301000-1005
LAS PALMAS 905-910711-7161080-1085
ALGOA BAY965-970s.i.1200-1205
FUJAIRAH880-885630-6351165-1170firm prices s.i.-avails
COLOMBO1070-1075s.i.1300-1305tight avails
SINGAPORE815-820610-615975-980
ZHOUSHAN845-850s.i.1107-1112
BUSAN865-870s.i.1030-1035
HOUSTON (mtw)866-871697-7021110-1115
PANAMA (mtw)855-860715-7201094-1100
RIO DE JANEIRO*828-832n.a.1075-1080
REMARKSs.i. = subject inquiry,  n.a = not available,   s.a. = subj. avails   
RME180, DMA & DMB prices, where avail, will be subj to inquiry
 Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.
 * Due to time zone difference or holiday, prices for these ports are yesterday’s closing *  
 + Prompt deliveries (before the earliest dates) may be possible but at high premiums 
 + Movements in prices are basis the respective port’s product & barge availability besides crude levels.
 + Since no one is a fortune teller there are no indicative prices for future delivery dates.  
 + All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

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