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Home ShipmanagementBunkering PRIME’S DAILY MARKET REPORT MAR 24, 2022

PRIME’S DAILY MARKET REPORT MAR 24, 2022

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Irene K Notias

SOURCES: Phys. Suppliers, Reuters      

CRUDE OIL FUTURES   @ 14:19 WTI $114.93/bbl↑0.00  Brent $121.62/bbl ↑0.02    Gasoil ↑17.75
 PORTS  (Del.costs)VLSFO (0.50%)RMG380DMA LSCOMMENTS/EARLY DEL. DATES
PIRAEUS (mtw)1035-1040s.i.1080-1085firm prices s.i.-avails
MALTA980-985s.i.1230-1235
GIBRALTAR (mtd/mtw)960-965766-7711167-1172
ISTANBUL (mtw)1120-1125s.i.1280-1285
NOVOROSSIYSK790-795615-6201030-1035
ROTTERDAM940-945685-6901230-1235
LAS PALMAS 969-974770-7751187-1192
ALGOA BAY1028-1033s.i.1225-1230
FUJAIRAH942-947700-7051278-1283firm prices s.i.-avails
COLOMBO1100-1105s.i.1330-1335tight avails
SINGAPORE930-935700-7051130-1135
ZHOUSHAN920-925s.i.1180-1185
BUSAN955-960s.i.1190-1195
HOUSTON (mtw)945-950740-7451256-1261
PANAMA (mtw)921-926740-7451156-1161
RIO DE JANEIRO*937-942n.a.1119-1124
REMARKSs.i. = subject inquiry,  n.a = not available,   s.a. = subj. avails   
RME180, DMA & DMB prices, where avail, will be subj to inquiry
 Above prices are not firm – only indicative of the market at the time they were documented & basis 30 days payment terms.
 * Due to time zone difference or holiday, prices for these ports are yesterday’s closing *  
 + Prompt deliveries (before the earliest dates) may be possible but at high premiums 
 + Movements in prices are basis the respective port’s product & barge availability besides crude levels.
 + Since no one is a fortune teller there are no indicative prices for future delivery dates.  
 + All prices above are in US$ per mtd unless otherwise specified.  (mtw) = additional transportation charges

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