17 September 2026
When the Crude Slate Changes, So Does the Bunker Market
Bunker prices have surged four times since the start of the US-Iran war, but this time we are at the highest levels since mid-March, just after the war started. At the time of writing, Brent futures were trading in the $107-108/bbl range, with indications that prices could rise further.
Prices in our markets can only follow what is happening to Brent. Even though the Singapore VLSFO premium to crude has diminished, we are still paying $100/mt more than we were three weeks ago.
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