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Bunker oil Prices, markets & analysis

If you buy or sell bunker oil, you need up-to-date global pricing data and the background information to help you understand it.

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What's happening in the Bunker Oil market?

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Bunker oil Overview Transcript


Bunker oil includes bunker fuel oil and bunker gasoil. Over 85% of bunker oil consumption is bunker fuel oil. Fuel oil is also called heavy oil and comes from the refinery CDU or FCC units. It can also be a mixture of oil and other chemicals


Fuel oil is used in bunkering, power plants, glass industry and chemical fibre plants. It is also used as feedstock for deeper refining.


Gasoil is a light distillate mostly used for cars and industrial plants and a small part is used in China’s bunker market.


China is one of the biggest fuel oil consumers and importers of fuel oil in the global market but the volume is reducing due to demand slumps.


China’s bunker fuel oil market is though a booming market and this is due to steadily importing cargo exporting and importing and a gradually opening market.


The market is set to increase by 20% yearly in the next five years.


The internal trade bunker market is a stable, growing market also set to rise.


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Bunker oil news and market information products from ICIS

We offer the following regional Bunker oil analysis and news coverage to keep you informed of factors and developments affecting prices in the Bunker oil market.

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