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Latest Prices, VLSFO

Price $/mt Change High Low Spread
M Mar 16 1130.00 -7.00 1130.00 1130.00 0.00
F Mar 13 1137.00 +21.00 1137.00 1137.00 0.00
T Mar 12 1116.00 +74.50 1116.00 1116.00 0.00
W Mar 11 1041.50 +132.00 1041.50 1041.50 0.00
T Mar 10 909.50 +26.00 909.50 909.50 0.00
M Mar 9 883.50 +76.00 883.50 883.50 0.00
F Mar 6 807.50 +77.50 807.50 807.50 0.00
T Mar 5 730.00 +29.50 730.00 730.00 0.00
W Mar 4 700.50 +49.50 700.50 700.50 0.00
T Mar 3 651.00 +30.00 651.00 651.00 0.00
M Mar 2 621.00 +30.50 621.00 621.00 0.00

APAC Average Bunker Price Forecast

Based on 1-year Ship & Bunker Brent / Bunker relationship for each product and the Brent forecast from EIA Short-Term Energy Outlook dated Mar 9, 2026. All prices are $USD / mt. All prices are as indications only.
VLSFO MGO HSFO
2026 Q1 681 937 551
2026 Q2 775 1066 627
2026 Q3 646 888 522
2026 Q4 599 824 485
Full Year 2026 675 928 546
2027 Q1 565 777 457
2027 Q2 556 765 450
2027 Q3 548 753 443
2027 Q4 539 742 436
Full Year 2027 552 759 446

Terminology

Biofuel is a VLSFO biofuel blend, B24 in Singapore (24% biofuel) and typically a B30 (30% biofuel) elsewhere.

Brent prices are converted from USD/bbl to USD per metric tonne at a rate of 7.53 barrels per metric tonne.

EUA is the price in Euros for 1 (one) EU Emissions Allowance (EUA).

EUA-USD is the USD price for 1 (one) EUA converted at the prevailing exchange rate.

EUAHSFO is the total EUA cost to offset 1 (one) metric tonne (mt) of HSFO. This price takes into account for 2024 ship owners pay only 40% of the full costs incurred, 70% in 2025 and 100% in 2026.

EUAMGO is the total EUA cost to offset 1 (one) metric tonne (mt) of MGO. This price takes into account for 2024 ship owners pay only 40% of the full costs incurred, 70% in 2025 and 100% in 2026.

EUAVLSFO is the total EUA cost to offset 1 (one) metric tonne (mt) of VLSFO. This price takes into account for 2024 ship owners pay only 40% of the full costs incurred, 70% in 2025 and 100% in 2026.

IFO380 & IFO180 are Max 3.5% Sulfur Bunkers (RME, RMF, RMG, RMH, RMK, etc).

LNG is the USD price for one metric tonne of LNG.

LNG-380e is the price for an amount of LNG that delivers the energy equivalent of one metric tonne of IFO380 bunker fuel.

LNG-MGOe is the price for an amount of LNG that delivers the energy equivalent of one metric tonne of MGO.

LS180 & LS380 are Max 1.0% Sulfur Bunkers.

LSMGO is Max 0.10% Sulfur Distillate (DMA, DMZ) for Compliance with 2015 ECA Regulations.

MDO is Max 1.50% Sulfur Distillate (DMB).

MEoH is the price per tonne of pure conventional / grey methanol.

MEoH-MGOe is the price for a quantity of methanol that delivers the same amount of energy as one metric tonne of MGO.

MEoH-VLSFOe is the price for a quantity of methanol that delivers the same amount of energy as one metric tonne of VLSFO bunker fuel.

MGO is, unless otherwise specified, a Max 1.50% Sulfur "Clear and Bright" Distillate (DMA, DMZ, etc).

SS is the 'scrubber spread' - the premium for 0.50%S VLSFO over >0.50%S HSFO. The spread is the price differenctial between the two fuels before their respective half dollar rounding, with the resulting spread then rounded to the nearest half dollar.

ULSFO is Max 0.10% Sulfur Fuel Oil for Compliance with 2015 ECA Regulations.

VLSFO is Max 0.5% Sulfur fuel (Also known as IMO2020 grade bunkers).

WTI prices are converted from USD/bbl to USD per metric tonne at a rate of 7.62 barrels per metric tonne.

Learn more about our price methodology here: https://shipandbunker.com/about/about-sb-prices