{
  "lastUpdated": "2026-05-15T07:48:53.104Z",
  "brentBasis": 107.33,
  "brentChange": 1.57,
  "note": "Estimated from Brent crude benchmark. For exact market prices: Ship & Bunker, Platts.",
  "ports": [
    {
      "name": "Rotterdam",
      "code": "ARA",
      "region": "NW Europe",
      "relevance": "Primary EU/UK supply hub — leading indicator for diesel and gasoil",
      "vlsfo": 708,
      "mgo": 828,
      "vlsfoChange": 10.2,
      "mgoChange": 10.2
    },
    {
      "name": "Fujairah",
      "code": "FUJA",
      "region": "Middle East",
      "relevance": "Gulf supply stress indicator — rises under Hormuz/Red Sea disruption",
      "vlsfo": 723,
      "mgo": 843,
      "vlsfoChange": 10.2,
      "mgoChange": 10.2
    },
    {
      "name": "Singapore",
      "code": "SING",
      "region": "Asia-Pacific",
      "relevance": "Global benchmark — reflects competition between Asian and EU buyers",
      "vlsfo": 716,
      "mgo": 838,
      "vlsfoChange": 10.2,
      "mgoChange": 10.2
    }
  ]
}