Refined Products · Daily Price Assessment

Mediterranean CIF Fuel Oil 3.5% Price — CIF Med

The latest CIF Med fuel oil 3.5% assessment is $552.75 per metric ton for 4 September 2026, down $8.75 from the previous daily assessment (3 Sep 2026). Explore the historical price chart and recent daily assessments below.

Latest Mediterranean CIF Fuel Oil 3.5% Price

Latest price

552.75 USD/mt

Assessment date

4 September 2026

Daily assessment · CIF Med

Published range

552.50 – 553.00 USD/mt

Basis: CIF Med
Unit: USD/mt
Frequency: Daily
CS code: CS-MED-FO35-CIF

What This Indicator Measures

Daily CIF Mediterranean assessment of 3.5% sulphur fuel oil cargoes in USD/mt.

High Sulphur Fuel Oil (380 / 180 CST, 3.5%): A physical price for residual fuel oil with up to 3.5% sulphur. Asian and Gulf series are named by viscosity grade (380 or 180 cSt at 50 °C); European series are named by sulphur content (3.5%), with barge, cargo and delivered-bunker variants kept separate.

Specification · stated by the source for this series

Maximum 3.5% sulphur, from the series name.
380 and 180 are maximum kinematic viscosity in cSt at 50 °C per ISO 8217 residual grades.
3.5% is the maximum sulphur content by mass.

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 3.5% Price Chart

Available history 26 Jan 2026 through 4 Sep 2026 (110 observations). Monthly averages below use the midpoint of each published assessment.

CIF Med·Daily (2026-09-04)

Fuel Oil 3.5% — Mediterranean CIF

Assessed Mid (mt)

$552.75

Day: -8.75 (-1.56%)

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 $552.75/mt on 4 Sep 2026 is down $8.75 (-1.6%) 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 6.7% above the August 2026 average of $518.04/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 $684.50/mt on 20 Mar 2026 and the lowest was $361.50/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.

Day change (as published)

-8.75

Source edition, 4 Sep 2026

Computed change

-8.75(-1.6%)

vs previous daily assessment (3 Sep 2026)

vs last completed month

+34.71(+6.7%)

vs August 2026 average (20 obs.)

Loaded range (mid)

361.50 – 684.50

26 Jan 2026 – 4 Sep 2026, 110 obs.

Monthly Mediterranean CIF Fuel Oil 3.5% 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	553.75	543.50	561.50	4
August 2026	518.04	479.50	554.75	20
July 2026	474.21	407.50	538.75	14
June 2026	506.13	404.25	596.75	13
May 2026	616.51	569.00	662.75	17
April 2026	611.38	581.75	659.50	13
March 2026	618.72	534.00	684.50	16
February 2026	382.80	370.25	409.25	11
January 2026	378.13	361.50	394.75	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	552.50	553.00	552.75	-8.75
2026-09-03	561.25	561.75	561.50	+4.25
2026-09-02	557.00	557.50	557.25	+13.75
2026-09-01	543.25	543.75	543.50	+25.25
2026-08-28	518.00	518.50	518.25	+8.50
2026-08-27	509.50	510.00	509.75	-10.50
2026-08-26	520.00	520.50	520.25	+1.00
2026-08-25	519.00	519.50	519.25	-16.00
2026-08-24	535.00	535.50	535.25	-10.50
2026-08-21	545.50	546.00	545.75	-5.50
2026-08-20	551.00	551.50	551.25	-1.25
2026-08-19	552.25	552.75	552.50	-2.25
2026-08-18	554.50	555.00	554.75	+27.50
2026-08-17	527.00	527.50	527.25	+4.50
2026-08-14	522.50	523.00	522.75	+1.25
2026-08-13	521.25	521.75	521.50	+6.75
2026-08-12	514.50	515.00	514.75	+3.75
2026-08-11	510.75	511.25	511.00	-2.25
2026-08-10	513.00	513.50	513.25	+16.50
2026-08-07	496.50	497.00	496.75	+4.75
2026-08-06	491.75	492.25	492.00	+12.50
2026-08-05	479.25	479.75	479.50	-1.00
2026-08-04	480.25	480.75	480.50	-14.00
2026-08-03	494.25	494.75	494.50	-16.50
2026-07-31	510.75	511.25	511.00	+3.75
2026-07-30	507.00	507.50	507.25	-7.50
2026-07-28	488.25	488.75	488.50	-25.00
2026-07-24	538.50	539.00	538.75	-14.25
2026-07-20	515.75	516.25	516.00	+5.25
2026-07-17	510.50	511.00	510.75	+8.00

What This CIF Med Price Represents

This page tracks the daily fuel oil 3.5% 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 HSFO values used by scrubber-fitted vessels and power/refinery feedstock buyers; the East–West spread compares Singapore with Rotterdam.

What it is not suitable for

Compliant bunker pricing for non-scrubber ships (that is the 0.5% series).

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 FOB Med · USD/mt · daily	Same 3.5% fuel oil in the same region on FOB Med instead of CIF Med terms; the gap contains freight/insurance or barge-vs-cargo logistics, not quality. Different delivery terms (CIF vs FOB); the gap includes freight, insurance or handling and is not a trading margin.	526.00 4 Sep 2026	+26.75
Fuel Oil 1.0% — Mediterranean CIF CIF Med · USD/mt · daily	Different grade or specification in the same market: 1.0% vs 3.5% sulphur.	578.75 4 Sep 2026	-26.00
Fuel Oil 3.5% — Northwest Europe CIF NWE · USD/mt · daily	CIF NWE 3.5% fuel oil.	527.00 4 Sep 2026	+25.75

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-FO35-CIF.

CS Indicator policy and derived-data rules.

Sources for the explanations on this page

ISO 8217 — Petroleum products: fuels (class F), specifications of marine fuels (viscosity grades such as RMG 380) — Defines residual and distillate marine fuel grades; 380 and 180 refer to maximum kinematic viscosity in cSt at 50 °C.
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.