Pick through extensive independently collected data and piece together an intelligent picture of the markets and its drivers.

Create historical comparison graphs, compare ports, analyse price movements with the Advanced Graphing Tool

Here’s what you need to know about the price module

Daily spot prices for over 220 ports.

• Bunkerworld's marine fuel spot prices are comprehensive. They are collected from over 220 ports and are designed to allow quick, easy but also extensive comparisons.
• Bunkerworld's marine fuel spot prices are comprehensive.Each day we offer a high price, a low price, and an average price, for IFO380, IFO180, MDO and MGO, and LS180 and LS380 where those are available.
• Unlike other price providers we are not reliant only on broker reports. Price collection teams in each of our offices collect price data from multiple sources, including suppliers, traders, brokers and buyers.
• Price changes are updated throughout the day.
• This way, our price indication data is independent, up-to-date and reliable.
• The analysis tools with their versatility, breadth and refinement allow you to mine the extensive Bunkerworld data more than ever before and more than anywhere else, providing an incomparable level of transparency to the markets.
• You can access historical prices by fuel grade and port up to one year. And for an additional fee, you can download data from the archives that go back as far as 1998.
• Our price analysis tools allow you to compare prices in ports and construct graphs; they also show the key suppliers for each port.
• You can compare price movements against the aggregated global market so that you can put price movement within ports into the context of the global market.
• With the consumption calculator, you can get an indication of the fuel consumption required between two destinations.
• Daily futures prices - sponsored by Imarex, the world's only regulated market for maritime derivatives.

BWI - Bunkerworld Index

You also access the Bunkerworld Index (BWI) which is a weighted daily index based on Bunkerworld Benchmark Prices from 20 key bunkering ports. Bunkerworld has extended the BWI with three new indices: The BW380, the BW180 and the BWDI. These indices are all compiled from the same 20 ports as the BWI, however, the BW380 is a daily average dollar value index of 380 centistoke (cst) bunker fuel, the BW180 is a is a daily average dollar value index of 180 centistoke (cst) bunker fuel and the BWDI is a combined daily average dollar value index of MDO (marine diesel oil) and MGO (marine gasoil) distillate fuels.

These indices provide a single number that describes the global bunker market on any particular day and tracks market movements without the need to analyse data from multiple ports or rely on main indicators from unrelated ports. The indices are transparent and independently calculated and enables users to easily track movements and improve financial management. Not only designed for bunker professionals dealing with these markets on a daily basis, they will be important for any company exposed to the global bunker market, such as multinational shippers, charterers, traders, banks and insurance companies. They are a versatile reference point with multiple applications, for example a basis for setting bunker fuel futures, swaps or OTC contracts, as well as providing an independent basis for the calculation of bunker surcharges.

To access the latest prices and archives today, buy now.

The prices module is available in the Bunkerworld Plus package or can be ordered as a component in the Bunkerworld Custom package.

What our customers say about this service

“I would recommend using Bunkerworld’s comprehensive and accurate benchmark values as core referencing indicators. The site’s unique interactive pricing tools enable port-to-port price comparisons and historic price graphing to be done quickly and easily.”

Peninsula Petroleum