World News
Crude Futures Continue on a Slippery Slope
by Mohammed Marzuq, 
Monday September 28, 2015
Crude futures for November delivery continued on the slippery slope today.
Falling equities in the stock market coupled with weaker Chinese economic data kept commodities in the red.
Brent front month contracts softened nearly 3% settling at $47.34 per barrel.
WTI front month contracts were down $1.18 by the end of the day settling well under $45.00 per barrel.
Bunkers were soft across the board.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 510.00 | 2.50 | 611.00 | 4.00 |
| Rotterdam | 477.00 | 1.00 | 618.50 | 4.00 |
| Houston | 469.50 | 0.50 | 610.00 | 2.00 |
| Fujairah | 501.50 | 1.50 | 708.50 | 3.50 |
| Global 20 Ports Average | 532.00 | 2.00 | 711.50 | 0.00 |
| Global 4 Ports Average | 489.50 | 0.50 | 637.00 | 0.50 |
| Global Average Bunker Price | 571.00 | 1.00 | 759.00 | 0.50 |
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