Fuel oil prices went up above 50 pct from March 2nd. Fuel oil prices demonstrating strong upside momentum. Both VLSFO and HSFO prices spiked above 50% since the disruption began. Mouting fears across crude markets sprinkling over Fuel oil markets in Asia at Singapore trading hub. As per the data collected from hubs, HSFO prices…

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crude flat prices skyrocketing today. Brent surged 29 pct to $119.50/ bbl while WTI went up 31.4 pct to $119.48/bbl on Mon morning during Asian hrs. The benchmark prices boosted amid escalation of ME tensions, Ongoing delay in tanker movements and Refinery disruptions mounted prevailing fears across. Oil pared some gains at the time of…

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crude flat prices moved sideways this week, Brent closed the week near to $72.50 on Friday night. Both the benchmarks reacted very quickly to every turn in U.S-Iran talks, Finally logged in weekly loss. Supply disruptions fears prevailed in the market al-biet U.S-Iran extended nuclear talks. Timespreads graphs demonstrated weaker trend after markets structure shifted…

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Crude flat prices are moving at six months high at the time of reporting. U.S-Iran Jitters continue to sprincle fears across the market. Invenstors took cautious approach albeit massive build up of U.S warships and aircrafts across the ME and Indian Ocean in readiness for a possible attach on Iran. Surprisingly, Market managers preferred to…

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Crude flat prices demonstrated upside momentum this week. Brent flat prices below $72 on Friday night after a volatile movment dring the week. The differnetials markets remain stable with stability in spreads movements. The forward structure continued to display mild backwardation in prompt Brent and WTI contracts, Indicating near term supply tightness and supportive spot…

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Crude flat prices slipped on Friday closing the week in loss. The benchmarks gained in the beginning of the week followed by U.S Hormuz Shipping Advisory, recovered later on as Iran concerns abated. Time spreads largely unchanged as Brent futures curve largely moved along with the slip in flat pricing. The prompt timespreads remained modestly…

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