Bunker Global Open Directory News
2026-08-31MABUX: Global bunker indices to extend upward movement on Aug. 31 amid renewed escalation in the Strait of Hormuz.
The MABUX World Bunker Index — a composite benchmark reflecting daily prices for 380 HSFO, VLSFO, and MGO – shifted into a moderate upward correction on Aug. 28, reversing four consecutive sessions of decline:
380 HSFO: USD/MT: 618.64 (+8.40)
VLSFO: USD/MT: 768.24 (+8.39)
MGO: USD/MT: 1 332.98 (+5.21)
As of Aug. 28, the MABUX Market Differential Index (MDI), which tracks the spread between Market Bunker Prices (MBP) and the MABUX Digital Bunker Benchmark (DBP), indicated the following trends across the four major global bunkering hubs—Rotterdam, Singapore, Fujairah, and Houston:
• HSFO segment: Fujairah remained the only overvalued port, although its premium narrowed by another $6. The other three hubs stayed in the undervaluation zone. The MDI discount was unchanged in Rotterdam, widened by $10 in Singapore, and narrowed by $5 in Houston. Houston's MDI stayed above the $100 mark.
• VLSFO segment: Rotterdam, Singapore and Houston were underpriced. The MDI discount widened by $4, $10, and $13, respectively. Fujairah remained the only overpriced port, with its premium narrowing by $7.
• MGO LS segment: All four ports were undercharged. MDI discounts declined by $33 in Rotterdam, $28 in Singapore, and $26 in Fujairah, while widening by $16 in Houston. MDI values in Rotterdam, Singapore, and Houston remained above the $100 mark.
MABUX expects Global bunker indices to maintain their upward momentum on Aug. 31, supported by renewed geopolitical tensions in the Strait of Hormuz and increased supply-risk concerns: plus 2-5 USD/MT, VLSFO: plus 2-6 USD/MT, MGO LS: plus 5–20 USD/MT.
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