Refined Products · Daily Indicative Assessment
Northwest Europe Fuel Oil 3.5% Price Today — CIF NWE
- CommodityScope Indicative Assessment
- CS Series CS-NWE-FO35-CIF
- daily cadence · CIF NWE · 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 Northwest Europe Fuel Oil 3.5% 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 NWE
- Unit
- USD/mt
- Frequency
- Daily
- CS Series
- CS-NWE-FO35-CIF
Northwest Europe Fuel Oil 3.5% Price Chart
USD/mt · Calendar gaps are not interpolated.
Price Changes and Historical Range
Computed statistics are CommodityScope calculations from the series history.
Monthly Northwest Europe Fuel Oil 3.5% 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 | 597.17 | 553.00 | 633.25 | 16 |
| September 2026 | 552.77 | 517.00 | 598.50 | 22 |
| August 2026 | 491.95 | 442.75 | 554.25 | 20 |
| July 2026 | 455.14 | 396.50 | 519.00 | 14 |
| June 2026 | 492.60 | 397.75 | 580.00 | 13 |
| May 2026 | 627.32 | 551.00 | 679.00 | 17 |
| April 2026 | 594.23 | 554.25 | 648.75 | 13 |
| March 2026 | 608.14 | 510.25 | 665.75 | 16 |
| February 2026 | 369.80 | 350.75 | 399.25 | 11 |
| January 2026 | 359.75 | 344.25 | 375.25 | 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 |
|---|---|---|---|---|
| 2026-10-22 | 631.00 | 635.50 | 633.25 | +11.00 |
| 2026-10-21 | 620.00 | 624.50 | 622.25 | +15.25 |
| 2026-10-20 | 604.75 | 609.25 | 607.00 | -10.50 |
| 2026-10-19 | 615.25 | 619.75 | 617.50 | +6.50 |
| 2026-10-16 | 608.75 | 613.25 | 611.00 | +0.75 |
| 2026-10-15 | 608.00 | 614.00 | 610.25 | -3.00 |
| 2026-10-14 | 607.25 | 615.75 | 613.25 | +5.00 |
| 2026-10-13 | 605.75 | 610.75 | 608.25 | -1.25 |
| 2026-10-12 | 602.50 | 612.25 | 609.50 | +5.75 |
| 2026-10-09 | 601.00 | 607.25 | 603.75 | -2.75 |
| 2026-10-08 | 603.50 | 609.50 | 606.50 | +25.00 |
| 2026-10-07 | 578.75 | 584.25 | 581.50 | +27.25 |
| 2026-10-06 | 551.75 | 556.75 | 554.25 | -10.00 |
| 2026-10-05 | 561.75 | 566.75 | 564.25 | +11.25 |
| 2026-10-02 | 550.50 | 555.50 | 553.00 | -6.25 |
| 2026-10-01 | 556.75 | 561.75 | 559.25 | -6.25 |
| 2026-09-30 | 562.75 | 568.25 | 565.50 | +10.50 |
| 2026-09-29 | 552.25 | 557.75 | 555.00 | -24.75 |
| 2026-09-28 | 577.00 | 586.25 | 579.75 | -5.25 |
| 2026-09-25 | 582.25 | 587.75 | 585.00 | -13.50 |
| 2026-09-24 | 595.75 | 601.25 | 598.50 | +32.50 |
| 2026-09-23 | 563.50 | 568.50 | 566.00 | +27.00 |
| 2026-09-22 | 534.50 | 541.25 | 539.00 | +3.75 |
| 2026-09-21 | 533.00 | 537.50 | 535.25 | -21.00 |
| 2026-09-18 | 554.00 | 558.50 | 556.25 | +6.25 |
| 2026-09-17 | 547.75 | 554.00 | 550.00 | -3.25 |
| 2026-09-16 | 550.75 | 555.75 | 553.25 | -19.75 |
| 2026-09-15 | 567.50 | 575.50 | 573.00 | +4.50 |
| 2026-09-14 | 566.00 | 571.00 | 568.50 | +8.50 |
| 2026-09-11 | 557.50 | 567.00 | 560.00 | — |
What This CIF NWE Price Represents
Daily CIF Northwest Europe assessment of 3.5% 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 delivery terms (CIF vs FOB); the gap may reflect freight, insurance, location basis, parcel and timing differences and is not a trading margin.
| Series | Why compare | Latest | Difference (this − other) |
|---|---|---|---|
| Fuel Oil 3.5% — Rotterdam FOB Rotterdam · USD/mt · daily | Same 3.5% fuel oil in the same region on FOB Rotterdam barge instead of CIF NWE cargo terms; the gap contains freight/insurance or barge-vs-cargo logistics, not quality. | 634.25 22 Oct 2026 | not directly comparable |
| Fuel Oil 3.5% — NWE FOB FOB NWE · USD/mt · daily | Same 3.5% fuel oil in the same region on FOB NWE instead of CIF NWE terms; the gap contains freight/insurance or barge-vs-cargo logistics, not quality. | 605.25 22 Oct 2026 | not directly comparable |
| Fuel Oil 1.0% — Northwest Europe CIF NWE · USD/mt · daily | Different grade or specification in the same market: 1.0% vs 3.5% sulphur.
| 681.25 22 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 3.5%
- 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 NWE
- 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 3.5% sulphur, from the series name.
Basis: CIF NWE
- 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.
- Northwest Europe (NWE) covers the Channel and North Sea coast from Le Havre to Hamburg; cargo values here are seagoing parcels, not barges.
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 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).
Product and market references
- 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 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.