EMEA Average

AV EME

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Fuel grades

Want to graph prices from multiple ports? Use the My Ports tool.

Latest Prices (Conventional Bunkers)

Price with change on the previous trading day; beneath it the day's high – low across sources, spread in brackets.

Date	VLSFO	HSFO	MGO	Scrubber Spread
Mon, Oct 26	920.00 ▲ 2.50	776.00 ▲ 4.00	1,735.50 ▼ 4.50	144.00 ▼ 1.50
Fri, Oct 23	917.50 ▲ 14.00	772.00 ▲ 8.50	1,740.00 ▲ 21.00	145.50 ▲ 5.50
Thu, Oct 22	903.50 ▲ 3.00	763.50 ▲ 17.50	1,719.00 ▼ 11.00	140.00 ▼ 14.00
Wed, Oct 21	900.50 ▼ 3.50	746.00 ▼ 8.50	1,730.00 ▶ 0.00	154.00 ▲ 4.50
Tue, Oct 20	904.00 ▲ 2.50	754.50 ▼ 1.50	1,730.00 ▲ 23.00	149.50 ▲ 4.00
Mon, Oct 19	901.50 ▲ 5.00	756.00 ▲ 16.50	1,707.00 ▼ 11.00	145.50 ▼ 11.00
Fri, Oct 16	896.50 ▲ 2.50	739.50 ▼ 1.00	1,718.00 ▲ 10.50	156.50 ▲ 2.50
Thu, Oct 15	894.00 ▼ 1.50	740.50 ▼ 1.50	1,707.50 ▼ 13.50	154.00 ▲ 0.50
Wed, Oct 14	895.50 ▼ 1.00	742.00 ▲ 7.50	1,721.00 ▲ 29.50	153.50 ▼ 8.50
Tue, Oct 13	896.50 ▲ 6.50	734.50 ▼ 11.50	1,691.50 ▼ 5.50	162.00 ▲ 18.00
Mon, Oct 12	890.00 ▲ 4.50	746.00 ▲ 6.00	1,697.00 ▲ 4.50	144.00 ▼ 1.50
Fri, Oct 9	885.50 ▼ 1.00	740.00 ▼ 1.00	1,692.50 ▼ 0.50	145.50 ▲ 0.50
Thu, Oct 8	886.50 ▲ 15.00	741.00 ▲ 18.50	1,693.00 ▲ 35.00	145.00 ▼ 4.00
Wed, Oct 7	871.50 ▲ 6.00	722.50 ▲ 7.50	1,658.00 ▲ 22.50	149.00 ▼ 1.50

Quarterly Averages (Conventional Bunkers)

Quarter	VLSFO	HSFO	MGO	Scrubber Spread
Q4 2026	891.00	740.00	1,704.00	151.00
Q3 2026	818.50	626.50	1,526.50	192.00
Q2 2026	901.00	695.50	1,493.50	205.50
Q1 2026	605.00	523.50	952.50	81.50
Q4 2025	487.00	419.00	768.00	68.00
Q3 2025	538.00	455.00	782.00	83.00
Q2 2025	540.50	465.50	728.50	75.00
Q1 2025	593.50	497.00	770.50	96.50

Forecast

Based on 1-year Ship & Bunker Brent / Bunker relationship for each product and the Brent forecast from EIA Short-Term Energy Outlook dated Oct 1, 2026. All prices are $USD / mt. All prices are as indications only.

Period	VLSFO	MGO	HSFO
2026 Q4	889	1,488	719
Full Year 2026	818	1,369	662
2027 Q1	806	1,349	652
2027 Q2	739	1,237	598
2027 Q3	680	1,138	550
2027 Q4	628	1,051	508
Full Year 2027	711	1,190	575

About Average Prices

Global Average Bunker Price is the linear average of all Ship & Bunker price indications for each fuel grade on a given day.

Global 4 Ports Average is, for each grade of fuel, the linear average of Singapore, Rotterdam, Fujairah, and Houston, which together represents approximately 25% of global bunker volumes.

Global 20 Ports Average is, for each grade, the linear average of the following 20 major global bunkering ports, that together are responsible for a significant proportion of global volumes: Busan, Colombo, Durban, Fujairah, Gibraltar, Hong Kong, Houston, Istanbul, LA/Long Beach, Las Palmas, Mumbai, New York, Panama, Piraeus, Rotterdam, Santos, Shanghai, Singapore, St Petersburg, Tokyo.

All prices are quoted in USD $ per metric tonne.

Terminology

Biofuel: Biofuel is a VLSFO biofuel blend, B24 in Singapore (24% biofuel) and typically a B30 (30% biofuel) elsewhere.
Brent: Brent prices are converted from USD/bbl to USD per metric tonne at a rate of 7.53 barrels per metric tonne.
EUA: EUA is the price in Euros for 1 (one) EU Emissions Allowance (EUA).
EUA-USD: EUA-USD is the USD price for 1 (one) EUA converted at the prevailing exchange rate.
EUAHSFO: 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: 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: 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: IFO380 & IFO180 are Max 3.5% Sulfur Bunkers (RME, RMF, RMG, RMH, RMK, etc).
LNG: LNG is the USD price for one metric tonne of LNG.
LNG-380e: 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: LNG-MGOe is the price for an amount of LNG that delivers the energy equivalent of one metric tonne of MGO.
LS180 & LS380: LS180 & LS380 are Max 1.0% Sulfur Bunkers.
LSMGO: LSMGO is Max 0.10% Sulfur Distillate (DMA, DMZ) for Compliance with 2015 ECA Regulations.
MDO: MDO is Max 1.50% Sulfur Distillate (DMB).
MEoH: MEoH is the price per tonne of pure conventional / grey methanol.
MEoH-MGOe: 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: 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: MGO is, unless otherwise specified, a Max 1.50% Sulfur “Clear and Bright” Distillate (DMA, DMZ, etc).
SS: SS is the ‘scrubber spread’ — the premium for 0.50%S VLSFO over >0.50%S HSFO. The spread is the price differential between the two fuels before their respective half dollar rounding, with the resulting spread then rounded to the nearest half dollar.
ULSFO: ULSFO is Max 0.10% Sulfur Fuel Oil for Compliance with 2015 ECA Regulations.
VLSFO: VLSFO is Max 0.5% Sulfur fuel (Also known as IMO2020 grade bunkers).
WTI: WTI prices are converted from USD/bbl to USD per metric tonne at a rate of 7.62 barrels per metric tonne.