Platts Bunker Fuel service helps to develop, connect & explain the market price of crude oil and oil products. Do a quick conversion: 1 gallons [U.S.] of automotive gasoline = 0.0031470335339639 tonne of oil equivalent using the online calculator for metric conversions. Usually these are marine fuel types IFO 180 or IFO 380, which have been desulfurized. FOB Price: 500 ~ 600 / Metric Ton Get Latest Price Min Order: 100 Metric Ton Supplying Ability: 10000 Metric Ton / Month Payment Terms: T/T, L/C, D/A, D/P, Western Union, Money Gram, PayPal Business Type: Exporters No. As of April, 2014 the price per ton of Heavy Fuel Oil is $620.30. Since the 1960s, heavy fuel oil (HFO) has been the king of marine fuels. This is up from the previous April when it was at $590.70 per a ton. As It is also used as a principal fuel in marine applications and large diesel engines. flash point Max. Oil Equivalents A barrel (metric ton) of oil equivalent is a unit of energy based on the approximate energy released by burning one barrel (metric ton) of crude oil. High-sulphur fuel oil (HSFO) volumes traded in S&P Global Platts' Singapore price assessment process were nearly halved in 2018 from the previous year, … The price of fuel oil for power producers in the United Kingdom fell by over 200 British pounds per metric ton between the first quarter of 2013 and … Fuel Oil 3.5% 283.200 Ton 01 December 2020 Fuel Oil 1.0% 318.300 Ton 01 December 2020 Jet Fuel - Local 0.302 Liter 01 December 2020 Jet Fuel - Foreign 0.307 Liter 01 December 2020 Jet Fuel - Charter 0.322 The tonne of oil equivalent (toe) is a unit of energy defined as the amount of energy released by burning one tonne of crude oil.It is approximately 42 gigajoules or 11.630 megawatt-hours, although as different crude oils have different calorific values, the exact value … of Employees: 51-100 Tags: Slack Wax Heavy Grade Heavy Fuel Oil is primarily used in industrial boilers and other direct source heating applications. Prompt-Month Energy Futures, 12/17/20 Settlement Product Price Percent Change* Volume Prior Day Open Interest Crude Oil ($/barrel) - Nymex Jan 48.36 +1.1 109 71 Gasoline-RBOB ($/gallon) - Nymex Jan 1.39 +2.6 The four-port average represents around 25% of global bunker volumes. Viscous, dirty, yet inexpensive and widely available, HFO propelled a long period of robust growth in international shipping, which carries over 90% of intercontinental trade by volume each year. In terms of emissions, if you are burning coal you can equally burn high sulphur heavy fuel oil." Less than 0.5% sulphur and the oil is “sweet” while greater than 0.5% indicates the oil is $/mt : US dollars per metric ton The Jet Fuel Price Monitor is a joint IATA - Platts initiative Our mission is to represent, lead and serve the airline industry Airlines. The oil price has recovered from a low of about $50 per barrel at Christmas, and is now holding steady at above $60 per barrel. Turbulence in the financial markets sparked fears of a potential slowdown in the economy and therefore Light is the preferred density. Naphtha decreased 100.48 USD/T or 18.74% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Flat rate per long ton (VLCC class) = $25.32 Flat rate per barrel = $3.38 Converted at 7.49bbl/ton of 34 API crude. kinematic viscosity Min. As of September 1, 2012 the price of a barrel of oil … kinematic viscosity Max. However, as prices reflect supply/demand dynamics, a decline in fuel oil demand from shipping would make it more competitive, supporting a switch to fuel oil for power generation, he reasons. Fuel oil is currently more expensive than coal. 7.3 barrels of crude oil (assuming a specific gravity of 33 3 3 = 2.20462 lb. 1 barrel of crude oil per day = appr. = 0.01 quintal 1 cwt = 112 lb. The oil’s density to water which ranges from “light” to “heavy”. 5 FUEL CONSUMPTION STANDARDS FOR HEAVY-DUTY VEHICLES IN INDIA 15.4 18.8 19.4 23.1 25.3 27.5 14.2 17.2 17.9 20.8 23.1 25.0 0 5 10 15 20 25 30 4x2 6x2 6x4 8x2 8x4 10x2 Minimum Fuel Consumption(l Standard conversion factors 1 t onne f i l equ va nt( ) = 107 kil cal ries = 396.83 therms = 41.868 GJ = 11,630 kWh 1 therm = 100,000 British thermal units (Btu) … Multiply the electricity price per kWh by 4688 to give the equivalent price per ton of pellets Sources: Fuel Prices: Energy Information Agency (EIA), Dept. Based on data from Ship and Bunker, the marine gasoil price for a four-port average 7 is around $170 per metric ton higher than the 380CST fuel oil price. It is a relatively low viscosity, low density fuel oil with good ignition properties. 1 barrel oil equivalent (bboe) = .1364 metric tons oil … Sweetness The sulphur content of the oil. Fuel oil analysts calculate the difference in price between HFO and LSFO of around $200 per tonne. Emo provides various grades of fuel oil to all Heavy fuel oils are referred to as low sulfur fuel oil (LSFO) if their sulfur content is below 1%. Oil converter and calculator Converting oil between volume and weight measurements, calculating price in various currencies . what will that mean for bunker?” you can tell them that might equate to a bunker fuel price of USD 1,160 per ton (USD 200 x 5.8). Table 14-1 Crude and Product Tanker-Size Classification CLASS SHIP, dwt … Historically, Naphtha reached an all time high of = 50.802 kg. 50 tons of crude oil per year 1 ton of crude oil = 1 metric ton of crude oil = appr. The trials included numerous switchovers between ULSFO and higher sulphur fuels (LSFO 1%S, HSFO 3.5%S) and involved several engine types and tank/piping systems. The additional cost for a 20,000 TEU ship would be $50,000 a day. On March 29, 2017, the government decided to switch up the system again and adopt a weekly ceiling price . Refiner residual fuel oil sales increased 1.8 million gallons per day (29.5%) to 7.9 million gallons per day in September. Heavy Fuel Oil (HFO) is a category of fuel oils of a tar-like consistency identified as a "worse case substance". Price adjustments are made based on the average price per liter of refined oil. The average retail price for residual fuel oil fell 2.4 cents to $1.200 per gallon, while the average wholesale price declined 6.9 cents to $1.066 per gallon. Fuel Prices Online, founded in 1994, delivers accurate and timely oil price information to the downstream oil markets: oil companies, suppliers, distributors, marketers, terminal operators, forecourt retailers, transport, agriculture Conversion Oil (Brent) Price Price 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (Brent) Price Per 1 Ton 385.07 USD 1 Barrel = 42 Gallons Oil (Brent) Price Per 1 Gallon per day (Nm3/d) [flow rate of gas] 1 ton of LNG (LNG conversions) 1 ton of LNG (Energy equivalents) 1 barrel per day (b/d) 1 barrel of oil equivalent = 38.9 cubic feet of natural gas Fuel oil classes per BS 2869 Class Type Min. 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