Bunker Global Open Directory News
2026-09-02MABUX: Global bunker indices to continue trending higher on Sep. 02 amid escalating tensions in the Strait of Hormuz.
The MABUX World Bunker Index — a composite benchmark reflecting daily prices for 380 HSFO, VLSFO, and MGO – continued its upward trend on Sep. 01 for the third consecutive day:
380 HSFO: USD/MT: 636.21 (+14.21)
VLSFO: USD/MT: 792.45 (+16.81)
MGO: USD/MT: 1 381.11(+31.31)
As of Sep. 01, the MABUX Market Differential Index (MDI), which monitors 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 stayed the only overpriced port, with its premium widening by another $2. The other three hubs were in the undervaluation zone. The MDI discount declined by $4 in Rotterdam, increased by $8 in Singapore, and remained unchanged in Houston. Meantime, Houston's MDI was above the $100 mark.
• VLSFO segment: Singapore shifted into the overvaluation zone, joining Fujairah. Premiums widened by $21 in Singapore and $19 in Fujairah. Rotterdam and Houston remained undervalued, with their MDI discounts narrowing by $1 and $10, respectively.
• MGO LS segment: All four ports remained undervalued, with MDI discounts widening significantly: by $53 in Rotterdam, $48 in Singapore, $29 in Fujairah, and $10 in Houston. Houston's MDI moved above the $100 mark, leaving all four hubs with discounts exceeding this threshold.
MABUX expects Global bunker indices to maintain a sustained upward trajectory on Sep. 02, supported by escalating tensions in the Strait of Hormuz: plus 5-15 USD/MT, VLSFO: plus 5-25 USD/MT, MGO LS: plus 8–30 USD/MT.
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