Bunker prices movements were predominantly small on Tuesday, with the Americas and Asia generally seeing minor gains while European markets remained mixed.
Singapore IFO380 moved up for a second consecutive day gaining $2.50 to $671.50, while MGO added $1.00 to bring the price to $990.00 per metric tonne (pmt).
Hong Kong saw IFO380 rise $0.50 to $686.50 for a week-on-week gain of $12.50, and MGO climbed $5.50 to $999.00 pmt.
Rotterdam IFO380 moved up for the first time since August 16, 2012 gaining $1.50 to $652.00 pmt, 1.00% maximum sulfur 380 cSt product (LS380) was up for a second consecutive day climbing $3.50 to $740.00, while MGO added $3.50 bringing the price to $977.00 pmt.
Fujairah 380 cSt product moved down $0.50 for a second consecutive day to $680.00, and MGO was steady at $1021.50 pmt.
Houston IFO380 was up for a second consecutive day rising $2.00 to $661.00 pmt, LS380 moved up for a sixth consecutive market day gaining $4.00 to $765.00, while MGO fell for the first time since August 13, 2012 dropping $1.00 to $1024.50 pmt.
LA / Long Beach IFO380 and LS380 were both down for a third consecutive market day, IFO380 losing $8.50 to $648.00 and LS380 falling $8.00 to $901.00 to bring the premium for the Emission Control Area (ECA) compliant fuel to $253.00 pmt.
The Tuesday WTI spot price was up $0.43 to close at $96.40 per barrel.
