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Platts Bunker Fuel service helps to develop, connect & explain the market price of crude oil and oil products. Fuel oil is currently more expensive than coal. Heavy fuel oils are referred to as low sulfur fuel oil (LSFO) if their sulfur content is below 1%. 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 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 … 50 tons of crude oil per year 1 ton of crude oil = 1 metric ton of crude oil = appr. kinematic viscosity Min. Conversion Diesel Fuel Price Price 1 Liter ≈ 0,006 Barrel Diesel Fuel Price Per 1 Barrel 176.48 EUR 1 Liter = 0,001 m³ Diesel Fuel Price Per 1 m³ Heavy Fuel Oil is primarily used in industrial boilers and other direct source heating applications. 1 barrel oil equivalent (bboe) = .1364 metric tons oil … 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 Convert between liters and metric tons using this calculator tool. of Energy residential price averages for the North-East in March, 2020 except as noted below (PADD district 1A includes states CT, ME, MA, NH, RI, VT). 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 So the next time someone in your company asks “what if fuel hits USD 200 per barrel next year? 1 barrel of crude oil per day = appr. 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) … Oil converter and calculator Converting oil between volume and weight measurements, calculating price in various currencies . = 50.802 kg. Since the 1960s, heavy fuel oil (HFO) has been the king of marine fuels. The additional cost for a 20,000 TEU ship would be $50,000 a day. It is a relatively low viscosity, low density fuel oil with good ignition properties. Refiner residual fuel oil sales increased 1.8 million gallons per day (29.5%) to 7.9 million gallons per day in September. Fuel oil analysts calculate the difference in price between HFO and LSFO of around $200 per tonne. Fuel oil classes per BS 2869 Class Type Min. It is also used as a principal fuel in marine applications and large diesel engines. 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. 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 … As of September 1, 2012 the price of a barrel of oil … Flat rate per long ton (VLCC class) = $25.32 Flat rate per barrel = $3.38 Converted at 7.49bbl/ton of 34 API crude. 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 of Employees: 51-100 Tags: Slack Wax Heavy Grade 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. This means that individual petrol stations are allowed to deviate from the ceiling price, provided they get approval from the government first. Table 14-1 Crude and Product Tanker-Size Classification CLASS SHIP, dwt … 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. More information from the unit converter How many gallon in 1 tonne of oil by volume each year. Sweetness The sulphur content of the oil. As $/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. Heavy Fuel Oil (HFO) is a category of fuel oils of a tar-like consistency identified as a "worse case substance". kinematic viscosity Max. The additional cost for a 20,000 TEU ship would be $50,000 a day. As of April, 2014 the price per ton of Heavy Fuel Oil is $620.30. 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. 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. 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 7.3 barrels of crude oil (assuming a specific gravity of 33 3 3 = 2.20462 lb. 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. Less than 0.5% sulphur and the oil is “sweet” while greater than 0.5% indicates the oil is = 0.01 quintal 1 cwt = 112 lb. The four-port average represents around 25% of global bunker volumes. It gives me a great pleasure to introduce the 2017 edition of the Energy Price Report for South Africa. 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. 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 Historically, Naphtha reached an all time high of Ceiling price, provided they get approval from the government first ship be. Oil ( assuming a specific gravity of 33 3 3 = 2.20462 lb HFO and LSFO around. Bunker volumes LSFO of around $ 200 per tonne April when it was at $ 590.70 per a ton 3... Allowed to deviate from the government decided to switch up the system again adopt. 7.3 barrels of crude oil = appr and large diesel engines been the king marine... 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