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.SINGAPORE -Bunker sales at the Middle Eastern hub of Fujairah in the United Arab Emirates fell for the second consecutive month in October, according to data from the Fujairah Oil Industry Zone (FOIZ) and S&P Global Commodity Insights which total sales volumes excluding lubricants reached 623,694 m3 in October, down 1.9% year on year and 2.4% from September.  

Fuel oil (VLSFO) dropped by 49.1%

At Fujairah, sales of 180 CST very low sulphur fuel oil (VLSFO) dropped by 49.1% on the year to 1,293 m3 in October, although this segment still posted a 23.7% increase from September volumes. Sales of 380 CST VLSFO slipped by 4.3% year on year to 386,711 m3 in October, but these volumes were 4% above those recorded in September.  High sulphur fuel oil (HSFO) demand retreated from a high in September.

Sales of 380 CST HSFO

Sales of 380 CST HSFO came to about 197,548 m3 in October, down 1.7% from a year earlier and 14% lower than in September. Despite the decline in volumes, HSFO accounted for 31.7% of total bunker sales in October, edging up from a 31.6% share a year earlier.  

Marine gasoil (MGO) sales

Middle distillates moved in the opposite direction. Marine gasoil (MGO) sales rose by 241% on the year to 300 m3, while low sulphur marine gasoil (LSMGO) increased by 35% to 37,842 m3, the highest level since July 2025.  Over the first 10 months of the year, a total of 6.22 million m3 of bunker fuels was sold at Fujairah, a 2.8% decline from the 6.40 million m3 recorded in the same period a year earlier.  

Price indicators also pointed lower.

Price indicators also pointed lower. Fujairah’s average VLSFO price in October was $462/mt, compared with $584.5/mt a year ago. Ship & Bunker’s G20-VLSFO Index, which tracks average prices across 20 leading bunkering ports, stood at $499.5/mt in October, down from $606.5/mt a year before. 

High-sulphur fuel sales strengthened

Meanwhile, total high-sulphur fuel sales strengthened, with volumes soaring 37.5% month-on-month to about 201,000 cubic metres. The uptrend was in line with that seen at other bunker hubs such as Singapore, as some buyers took advantage of the cheaper prices versus low-sulphur fuels amid a relatively wide price spread in October

The market share of high-sulphur bunkers widened to 32% in October compared with 24% in September, while low-sulphur bunkers narrowed to 68% from 76%

Land lease agreement signed by BPGIC and FOIZ

Fujairah Oil Industry Zone (FOIZ) 

Fujairah Oil Industry Zone (FOIZ) is an energy-focused free zone authority in the emirate of Fujairah in the United Arab Emirates. It oversees and regulates oil storage, refining and related industrial activities around the Port of Fujairah, providing infrastructure and licensing for terminal operators and other energy companies active at the hub.

Fujairah bunker sales by month, in cubic metres, excluding lubricants:

MonthTotal SalesM-o-MY-o-Y
Jan-24674,6322.4%6.6%
Feb-24633,436-6.1%10.7%
Mar-24700,91810.7%25.2%
Apr-24638,960-8.8%7.1%
May-24615,462-3.7%-0.8%
Jun-24610,765-0.8%0.9%
Jul-24621,6791.8%-5.7%
Aug-24656,0345.5%-3.2%
Sep-24614,929-6.3%-2.2%
Oct-24 *635,4713.3%-2.9%

Monthly bunker sales by grade, in cubic metres:

Month180cst LSFO380cst LSFO380cst HSFOMGOLSMGOLubricants
Jan-24341436,604207,12412230,4414,372
Feb-241,000407,799192,75321031,6744,420
Mar-24924463,245198,27332138,1555,171
Apr-24742434,918171,84163430,8253,734
May-24464422,659163,8936128,3854,592
Jun-241,088428,138149,95121631,3724,792
Jul-241,411411,366177,34924131,3124,204
Aug-24845432,003187,00222735,9574,450
Sep-24901440,168146,13119427,5354,689
Oct-24 *2,540403,915200,8948828,0343,645

Data source: Fujairah Oil Industry Zone data published by S&P Global Commodity Insights

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 S&P Global Commodity Insights , Fujairah Oil Industry Zone data ,  high-sulphur fuel , Fujairah bunker sales Fall , October 

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