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Argus Marine Fuels

An Argus business market service, published daily

Argus Marine Fuels offers daily bunker prices for all of the key global markets, as well as the latest market-moving news. Argus Marine Fuels provides unique market data and intelligent analysis of the increasingly complex marine fuels market.

ECA-compliant 0.1pc sulphur bunkers

Argus publishes Emission Control Area (ECA) compliant 0.1pc sulphur bunker prices delivered to Rotterdam and to two Russian ports – St Petersburg and Ust Luga.

Tool to compare MGO with LNG for bunkering

Marine LNG has gained popularity in northwest Europe, with the development of robust LNG infrastructure. The number of US Jones Act vessels capable of burning LNG has been increasing.

As the marine fuel industry transitions to new sulphur regulations, the absence of clear market pricing for LNG for bunkering is muddying the picture. Argus Marine Fuels includes tools to give ship owners, charterers and marine fuel suppliers a clear idea of the relative costs of burning MGO and LNG. Argus publishes a comparison of both fuels on a $/million Btu and on a $/t MGO equivalent basis in northwest Europe and the US Gulf coast.

RMK price assessment

These price assessments reflect the changing fundamentals of the market in northwest Europe and the US west coast. A large proportion of the marine fuel and fuel oil traded in Amsterdam-Rotterdam-Antwerp (ARA) and Seattle is becoming denser with a higher viscosity. The RMK 500cst fob ARA and ex-wharf Seattle specifications are a much closer match to this type of fuel. Argus RMK prices benefit any company that is involved in buying or selling residual fuel oil or marine fuels.

Los Angeles, HS380cst assessment

The Argus daily Los Angeles high-sulphur 380cst bunker assessment is widely used for indexation of physical trade by shipowners and local suppliers.

Wholesale fuel oil assessments

Market participants often prefer to index their bunker fuel trades on a wholesale fuel oil price, instead of an outright bunker assessment. To accommodate this trend, in addition to marine fuel prices, the daily AMF report includes assessments for several residual fuel oil barge cargoes, including:

Rotterdam 1pc FO fob barge
Rotterdam 3.5pc RMG fob barge
Rotterdam 3.5pc RMK fob barge

New York 1pc FO


Markets Covered

  • Asia-Pacific
  • Europe
  • Russia
  • North America
  • South America
  • Africa
  • Mideast Gulf

Key Features

  • Clear and transparent methodology 
  • High-sulphur IFO380 prices 
  • RMK 500 cst assessments in Rotterdam and Seattle 
  • High-sulphur IFO180 prices 
  • MGO prices 
  • ECA-compliant 0.1pc sulphur bunker prices
  • LNG vs MGO price comparison in northwest Europe and the US Gulf
  • Residual fuel oil wholesale cargo prices 
  • Daily market-moving news 
The Argus Marine Fuels report provides key marine fuel prices, delivered in a prompt and flexible manner. Argus understands marine fuel markets locally and globally and continues to develop content by responding to the market as it evolves. Price assessments represent transactions throughout the entire trading day, shown as a low, a high and a midpoint of deals done. Argus’ market-appropriate methodology ensures clarity and the delivery of robust prices.


  • Ship owners and charterers
  • Oil majors
  • Marine fuel suppliers
  • Marine fuel blenders and resellers
  • Marine fuel traders
  • Marine fuel brokers

Download a sample copy

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