{
  "lastUpdated": "2026-09-27T20:25:32.427Z",
  "brentBasis": 104.32,
  "brentChange": -2.28,
  "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": 688,
      "mgo": 808,
      "vlsfoChange": -14.8,
      "mgoChange": -14.8
    },
    {
      "name": "Fujairah",
      "code": "FUJA",
      "region": "Middle East",
      "relevance": "Gulf supply stress indicator — rises under Hormuz/Red Sea disruption",
      "vlsfo": 703,
      "mgo": 823,
      "vlsfoChange": -14.8,
      "mgoChange": -14.8
    },
    {
      "name": "Singapore",
      "code": "SING",
      "region": "Asia-Pacific",
      "relevance": "Global benchmark — reflects competition between Asian and EU buyers",
      "vlsfo": 696,
      "mgo": 818,
      "vlsfoChange": -14.8,
      "mgoChange": -14.8
    }
  ]
}