Fuel Rises to 11 Month High as Liner Rate Rises Slow — Panjiva
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Supply Chain Research

Fuel Rises to 11 Month High as Liner Rate Rises Slow

Commodities 189 Corp - Shipping 980 Energy - Bunker Fuel 90 Energy - Crude Oil 301 Energy - Refined Oil 198 Logistics 476 Mode - Containerized 1473 Mode - Seaborne 1804 Theme - Rates 235

Recent rumors of a cut in production by OPEC have led to an increase in oil prices, and in turn a 17% rise bunker fuel in four weeks. The fuel is at its highest since September 2015. At the same time the recent rise in container rates appears to be slowing, and Latin American rates are now 8% below their end-July levels.

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