Asia/Pacific News
Early Monday Indications Put Singapore VLSFO Above $1,000/Mt
Monday March 9, 2026
Early indications on Monday morning are putting the price of VLSFO in Singapore above $1,000/mt for the first time in more than five years.
Ship & Bunker has received price indications for Singapore VLSFO at as much as $1,050/mt on Monday morning, up from $822.50/mt on Friday.
Singapore VLSFO was last above $1,000/mt in 2022, when global energy markets were roiled by the potential impact of Russia's invasion of Ukraine.
ICE Brent crude futures opened at $101.73/bl on Monday morning, before rising to as much as $118.91/bl in early Asian trading before paring gains to trade at $107.84/bl as of 8:30 AM in London.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 822.50 | 127.00 | 1383.00 | 226.00 |
| Rotterdam | 631.50 | 16.00 | 1053.50 | 27.50 |
| Houston | 668.00 | 67.50 | 1138.50 | 122.00 |
| Fujairah | 742.50 | 51.00 | 1202.00 | 41.50 |
| APAC Average | 807.50 | 77.50 | 1197.50 | 60.50 |
| Global 20 Ports Average | 735.00 | 53.50 | 1153.50 | 45.50 |
| Global 4 Ports Average | 716.00 | 65.50 | 1194.50 | 104.50 |
| Global Average Bunker Price | 740.00 | 49.50 | 1134.50 | 60.00 |
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