{
  "lastUpdated": "2026-05-15T08:49:04.611Z",
  "brentBasis": 109.21,
  "brentChange": 3.26,
  "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": 720,
      "mgo": 840,
      "vlsfoChange": 21.2,
      "mgoChange": 21.2
    },
    {
      "name": "Fujairah",
      "code": "FUJA",
      "region": "Middle East",
      "relevance": "Gulf supply stress indicator — rises under Hormuz/Red Sea disruption",
      "vlsfo": 735,
      "mgo": 855,
      "vlsfoChange": 21.2,
      "mgoChange": 21.2
    },
    {
      "name": "Singapore",
      "code": "SING",
      "region": "Asia-Pacific",
      "relevance": "Global benchmark — reflects competition between Asian and EU buyers",
      "vlsfo": 728,
      "mgo": 850,
      "vlsfoChange": 21.2,
      "mgoChange": 21.2
    }
  ]
}