Refined Products · Daily Price Assessment
Mediterranean CIF Fuel Oil 1.0% Price — CIF Med
The latest CIF Med fuel oil 1.0% assessment is $578.75 per metric ton for 4 September 2026, down $6.75 from the previous daily assessment (3 Sep 2026). Explore the historical price chart and recent daily assessments below.
Latest Mediterranean CIF Fuel Oil 1.0% Price
- Basis
- CIF Med
- Unit
- USD/mt
- Frequency
- Daily
- CS code
- CS-MED-FO10-CIF
What This Indicator Measures
Daily CIF Mediterranean assessment of 1.0% sulphur fuel oil cargoes in USD/mt.
Fuel Oil 1.0%: A physical price for residual fuel oil with a maximum 1.0% sulphur content, a low-sulphur straight-run grade traded in Europe.
Specification · stated by the source for this series
- Maximum 1.0% sulphur, from the series name.
- 1.0% sulphur maximum by mass; other properties follow the source assessment.
Basis: CIF Med
- CIF (cost, insurance and freight): the price includes ocean freight and insurance to the named destination area; the difference to an FOB value therefore contains freight and insurance, not a trading margin.
- The Mediterranean basis covers cargo loadings (FOB Med, typically Italian ports) or deliveries (CIF Med) within the Mediterranean basin.
Unit: USD/mt
- USD/bbl values (Singapore, Arab Gulf, Fujairah) and USD/mt values (Europe, Japan naphtha) cannot be compared without a product-specific density conversion; the site does not convert them.
- Published assessments are a low–high range with a midpoint; charts and monthly statistics use the midpoint only.
Mediterranean CIF Fuel Oil 1.0% Price Chart
Available history 26 Jan 2026 through 4 Sep 2026 (110 observations). Monthly averages below use the midpoint of each published assessment.
Fuel Oil 1.0% — Mediterranean CIF
Computed Summary
Statements below are calculated by CommodityScope from the loaded history only. Each one names its period and method; none explains why a value moved.
The latest assessment of $578.75/mt on 4 Sep 2026 is down $6.75 (-1.2%) from the previous daily assessment (3 Sep 2026).
Method: Computed by CommodityScope as the difference between the two most recent loaded daily observations (1 calendar day apart).
It is 4.9% above the August 2026 average of $551.85/mt, the most recent completed month with 20 daily observations.
Method: Arithmetic mean of the published daily midpoints in August 2026. Partial months are excluded from this comparison.
Over the loaded history (26 Jan 2026 – 4 Sep 2026), the highest assessment was $689.00/mt on 5 May 2026 and the lowest was $374.50/mt on 26 Jan 2026.
Method: Minimum and maximum of the published midpoint over the loaded history (26 Jan 2026 – 4 Sep 2026, 110 observations). This is not an all-time record.
Price Changes and Historical Range
Published changes are copied from the source edition. Computed changes are CommodityScope calculations between loaded daily observations; the two are shown separately and may differ when an intermediate edition is not loaded.
Monthly Mediterranean CIF Fuel Oil 1.0% Prices
Average, minimum and maximum of published midpoints in each calendar month. These are not the daily assessed low–high bands. Incomplete latest months are marked month to date.
| Month | Average mid | Min mid | Max mid | Observations |
|---|---|---|---|---|
| September 2026Month to date | 583.06 | 578.75 | 587.25 | 4 |
| August 2026 | 551.85 | 521.25 | 583.00 | 20 |
| July 2026 | 535.20 | 477.00 | 611.00 | 14 |
| June 2026 | 544.08 | 468.75 | 617.00 | 13 |
| May 2026 | 649.99 | 584.50 | 689.00 | 17 |
| April 2026 | 627.35 | 597.75 | 673.25 | 13 |
| March 2026 | 614.28 | 528.50 | 685.50 | 16 |
| February 2026 | 394.16 | 383.50 | 417.00 | 11 |
| January 2026 | 392.00 | 374.50 | 409.50 | 2 |
Recent Daily Assessments
Last 30 published assessments. The chart above is interactive; this table is the HTML history.
| Date | Low | High | Mid | Δ day (published) |
|---|---|---|---|---|
| 2026-09-04 | 578.50 | 579.00 | 578.75 | -6.75 |
| 2026-09-03 | 585.25 | 585.75 | 585.50 | -1.75 |
| 2026-09-02 | 587.00 | 587.50 | 587.25 | +6.50 |
| 2026-09-01 | 580.50 | 581.00 | 580.75 | +25.75 |
| 2026-08-28 | 554.75 | 555.25 | 555.00 | +2.75 |
| 2026-08-27 | 552.00 | 552.50 | 552.25 | -8.00 |
| 2026-08-26 | 560.00 | 560.50 | 560.25 | +8.25 |
| 2026-08-25 | 551.75 | 552.25 | 552.00 | -13.75 |
| 2026-08-24 | 565.50 | 566.00 | 565.75 | -12.00 |
| 2026-08-21 | 577.50 | 578.00 | 577.75 | +5.00 |
| 2026-08-20 | 572.50 | 573.00 | 572.75 | -4.50 |
| 2026-08-19 | 577.00 | 577.50 | 577.25 | -5.75 |
| 2026-08-18 | 582.75 | 583.25 | 583.00 | +25.25 |
| 2026-08-17 | 557.50 | 558.00 | 557.75 | +10.25 |
| 2026-08-14 | 547.25 | 547.75 | 547.50 | +4.25 |
| 2026-08-13 | 543.00 | 543.50 | 543.25 | +1.50 |
| 2026-08-12 | 541.50 | 542.00 | 541.75 | +5.00 |
| 2026-08-11 | 536.50 | 537.00 | 536.75 | +2.50 |
| 2026-08-10 | 534.00 | 534.50 | 534.25 | +4.00 |
| 2026-08-07 | 530.00 | 530.50 | 530.25 | +9.00 |
| 2026-08-06 | 521.00 | 521.50 | 521.25 | -3.75 |
| 2026-08-05 | 524.75 | 525.25 | 525.00 | -15.25 |
| 2026-08-04 | 540.00 | 540.50 | 540.25 | -22.75 |
| 2026-08-03 | 562.75 | 563.25 | 563.00 | -15.75 |
| 2026-07-31 | 578.50 | 579.00 | 578.75 | +0.50 |
| 2026-07-30 | 578.00 | 578.50 | 578.25 | -4.00 |
| 2026-07-28 | 552.75 | 553.25 | 553.00 | -23.75 |
| 2026-07-24 | 610.75 | 611.25 | 611.00 | -13.00 |
| 2026-07-20 | 573.00 | 573.50 | 573.25 | +4.50 |
| 2026-07-17 | 568.50 | 569.00 | 568.75 | +12.25 |
What This CIF Med Price Represents
This page tracks the daily fuel oil 1.0% on a CIF Med basis, quoted in USD/mt. Figures are CommodityScope Indicators synthesized from loaded market editions. They are not a live quote and not a republication of a price-reporting agency table.
How to use this series
- Follow low-sulphur residual values relative to 3.5% fuel oil in the same basis.
What it is not suitable for
- Marine 0.5% compliant fuel pricing.
Compare With
Each comparison states why the series are related and whether the latest values can be subtracted directly (same unit, currency and assessment date). Where they cannot, the values are shown side by side without a difference.
| Series | Why compare | Latest | Difference (this − other) |
|---|---|---|---|
| Fuel Oil 3.5% — Mediterranean CIF CIF Med · USD/mt · daily | Different grade or specification in the same market: 3.5% vs 1.0% sulphur fuel oil on the same basis. | 552.75 4 Sep 2026 | +26.00 |
| Fuel Oil 1.0% — Northwest Europe CIF NWE · USD/mt · daily | CIF NWE 1.0% fuel oil. | 562.75 4 Sep 2026 | +16.00 |
| Fuel Oil 1.0% Mediterranean Forward FOB Mediterranean · USD/mt · daily | FOB Med 1.0% swap curve (note the FOB basis of the swap).
| 544.50 4 Sep 2026 | +34.25 |
Related Fuel Oil 1.0% Prices
- mediterranean fuel oil 3.5% pricesFOB Med
- northwest europe fuel oil 1.0% pricesCIF NWE
- northwest europe fuel oil 3.5% pricesCIF NWE
- rotterdam fuel oil 3.5% pricesFOB Rotterdam
- mediterranean cif fuel oil 3.5% pricesCIF Med
- nwe fob fuel oil 1.0% pricesFOB NWE
- nwe fob fuel oil 3.5% pricesFOB NWE
- rotterdam fuel oil 1.0% pricesFOB Rotterdam
Sources and Methodology
CommodityScope publishes this page as a derived indicator from loaded physical-market editions. It does not republish a price-reporting agency table and does not claim authorship of the underlying source assessments. Update cadence follows the daily series. Internal series code CS-MED-FO10-CIF.
CS Indicator policy and derived-data rules.
Sources for the explanations on this page
- ICC Incoterms® 2020 rules (FOB, CFR, CIF, FCA definitions) — Meaning of the delivery terms used in the basis column.
- CommodityScope methodology — derived-indicator rules and computed statistics
Origin of the numbers: loaded market editions (see Basis and Unit above). Origin of the computed statistics: CommodityScope, from the loaded history, using the rules on the methodology page.