Fuel Switch Snapshot: Gas slide narrows LNG and LBM premiums over fuel oil
Liquefied biomethane’s (LBM) premiums over HSFO in Rotterdam have narrowed by $101-103/mt to $233-361/mt depending on engine type over the past week. LBM has fallen by $91-93/mt, while HSFO has gained $10/mt. LBM’s premiums over VLSFO have narrowed by $58-60/mt to $162-290/mt, and its discounts to LSMGO have widened by $26-28/mt to $323-452/mt depending on ...
Fuel prices continue to fluctuate, with liquefied biomethane (LBM) premiums over fuel oil narrowing by $101-103/mt in Rotterdam, according to Hellenic Shipping News. LBM has fallen by $91-93/mt, while HSFO has gained $10/mt. The premiums over VLSFO have narrowed by $58-60/mt to $162-290/mt, and discounts to LSMGO have widened by $26-28/mt to $323-452/mt.
Meanwhile, LNG premiums over VLSFO have narrowed by $53-55/mt in Rotterdam and by $52-53/mt in Singapore, as LNG has fallen further than VLSFO at both ports. B100 premiums over VLSFO have also widened, with Rotterdam's premium increasing by $37/mt to $40/mt, while Singapore's premium has widened by $21/mt to $340/mt.
Brief written by urgent.news from Hellenic Shipping News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.