Refined Products · Daily Indicative Assessment
Mediterranean CIF Fuel Oil 1.0% Price Today — CIF Med
- CommodityScope Indicative Assessment
- CS Series CS-MED-FO10-CIF
- daily cadence · CIF Med · USD/mt
- Oil Products & Physical Crude Methodology v1.0
- View full Series Specification
The assessment represents the estimated prevailing market level for the defined basis and is not an executable quotation.
Latest Mediterranean CIF Fuel Oil 1.0% Price
The assessment range is an uncertainty interval around the CommodityScope midpoint and does not represent a quoted bid/offer spread or daily trading high/low. Range methodology
- Basis
- CIF Med
- Unit
- USD/mt
- Frequency
- Daily
- CS Series
- CS-MED-FO10-CIF
Mediterranean CIF Fuel Oil 1.0% Price Chart
USD/mt · Calendar gaps are not interpolated.
Price Changes and Historical Range
Computed statistics are CommodityScope calculations from the series history.
Monthly Mediterranean CIF Fuel Oil 1.0% Prices
Average, minimum and maximum of assessment midpoints in each calendar month. These are not the daily assessment range. Incomplete latest months are marked month to date.
| Month | Average mid | Min mid | Max mid | Observations |
|---|---|---|---|---|
| October 2026Month to date | 659.13 | 615.75 | 688.25 | 15 |
| September 2026 | 614.78 | 578.75 | 647.25 | 22 |
| 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
Latest CommodityScope daily assessments for the defined market basis. Low and high are the CommodityScope assessment range around each midpoint, not a bid/offer spread. Dates without an available assessment are omitted.
| Date | Low | High | Mid | Δ vs previous |
|---|---|---|---|---|
| 2026-10-21 | 686.00 | 690.50 | 688.25 | +17.50 |
| 2026-10-20 | 668.75 | 672.75 | 670.75 | -10.00 |
| 2026-10-19 | 678.75 | 682.75 | 680.75 | -1.50 |
| 2026-10-16 | 680.00 | 684.50 | 682.25 | +1.75 |
| 2026-10-15 | 678.25 | 682.75 | 680.50 | +0.50 |
| 2026-10-14 | 674.50 | 682.50 | 680.00 | +4.50 |
| 2026-10-13 | 668.75 | 678.00 | 675.50 | +5.50 |
| 2026-10-12 | 667.50 | 672.50 | 670.00 | +8.25 |
| 2026-10-09 | 659.00 | 664.50 | 661.75 | -10.00 |
| 2026-10-08 | 669.00 | 674.50 | 671.75 | +36.50 |
| 2026-10-07 | 633.00 | 637.50 | 635.25 | +15.50 |
| 2026-10-06 | 617.50 | 622.00 | 619.75 | -10.00 |
| 2026-10-05 | 627.50 | 632.00 | 629.75 | +14.00 |
| 2026-10-02 | 613.50 | 618.00 | 615.75 | -9.25 |
| 2026-10-01 | 622.75 | 627.25 | 625.00 | +7.25 |
| 2026-09-30 | 615.50 | 620.00 | 617.75 | +13.25 |
| 2026-09-29 | 602.25 | 606.75 | 604.50 | -20.25 |
| 2026-09-28 | 622.50 | 632.00 | 624.75 | -6.00 |
| 2026-09-25 | 628.50 | 633.00 | 630.75 | -13.50 |
| 2026-09-24 | 642.00 | 646.50 | 644.25 | +15.50 |
| 2026-09-23 | 626.50 | 631.00 | 628.75 | +20.25 |
| 2026-09-22 | 606.50 | 610.50 | 608.50 | +0.25 |
| 2026-09-21 | 606.00 | 610.50 | 608.25 | -20.75 |
| 2026-09-18 | 621.75 | 631.25 | 629.00 | +6.00 |
| 2026-09-17 | 620.75 | 625.25 | 623.00 | -8.00 |
| 2026-09-16 | 628.75 | 633.25 | 631.00 | -16.25 |
| 2026-09-15 | 645.00 | 649.50 | 647.25 | +8.00 |
| 2026-09-14 | 637.00 | 641.50 | 639.25 | +8.25 |
| 2026-09-11 | 626.50 | 633.25 | 631.00 | +3.75 |
| 2026-09-10 | 624.75 | 629.75 | 627.25 | — |
What This CIF Med Price Represents
Daily CIF Mediterranean assessment of 1.0% sulphur fuel oil cargoes in USD/mt.
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.
Different products; values are shown side by side and are not subtracted.
| 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. | 644.50 21 Oct 2026 | not directly comparable |
| Fuel Oil 1.0% — Northwest Europe CIF NWE · USD/mt · daily | CIF NWE 1.0% fuel oil. | 661.50 21 Oct 2026 | +26.75 |
| Fuel Oil 1.0% Mediterranean Forward FOB Mediterranean · USD/mt · daily | FOB Med 1.0% swap curve (note the FOB basis of the swap).
| 634.00 21 Oct 2026 | not directly comparable |
Related Market Prices
CommodityScope Assessment Basis
This is the CommodityScope series definition for the published midpoint and assessment range. Characteristics that are not part of this basis are not inferred.
- Product
- Fuel Oil 1.0%
- Product quality
- Product as labelled by the series name and location basis. CommodityScope does not infer a fuller chemical or contractual specification.
- Location basis
- CIF Med
- Parcel basis
- Typical physical cargo as transacted on the stated location basis. CommodityScope does not fix a standard parcel tonnage.
- Delivery / loading period
- Not fixed in the published series basis.
- Assessment window
- CommodityScope daily assessment dated as of the published assessment date.
- Currency / unit
- USD/mt
- Normalization
- Inputs used for the midpoint and the assessment range are considered only after they can be expressed on this series basis and unit. Cross-unit values are not converted on the public site and are not mixed into this series.
Specification · stated in the assessment basis
- Maximum 1.0% sulphur, from the series name.
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 may reflect freight, insurance, location and basis, parcel size, timing and other market differences; it is not a trading margin and not a pure freight rate.
- 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.
- CommodityScope publishes a midpoint and an assessment range around that midpoint; the range is an uncertainty interval, not a bid/offer spread. Charts and monthly statistics use the midpoint only.
How to use this series, and what it is not for
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.
Product and market references
- ICC Incoterms® 2020 rules (FOB, CFR, CIF, FCA definitions) — Meaning of the delivery terms used in the basis column.
- CommodityScope Market Assessment Methodology
Assessment, assessment range and computed statistics: CommodityScope. The assessment range is an uncertainty interval around the midpoint, not a bid/offer spread. See the Oil Products & Physical Crude Methodology v1.0 for assessment basis, calculation principles and data policy.