# Americas Market Update 11 Nov

> Bunker fuel prices moved in mixed directions on November 11, with VLSFO up in several US and Latin American ports, including New York at $39/mt. The front-month ICE Brent contract gained $3.12 per barrel to trade at $93.05 after a reported fresh projectile strike on a tanker near the Strait of Hormuz. Strong wind gusts were forecast for New York through Friday, with possible vessel delays.

- Date: 2026-11-11 · published 2026-11-12T00:11:39.323Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/94387-americas-market-update-11-nov
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Higher Brent and bunker costs raise ocean freight and shipping costs for grain and feed imports and exports. The Hormuz tanker incident adds supply-risk pressure that could lift crude again.

## Read by commodity

- BRENT: bullish ▲

## Sources

- engine.online: https://www.engine.online/news/americas-market-update-11-nov-83f3

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.