Midweek marine fuel prices fell in many ports on Wednesday, with Fujairah being one of the few key indicator ports to see IFO380 gain.
Singapore IFO380 moved down for a second consecutive day dropping $0.50 to $628.00, while MGO climbed $7.00 to $910.00 per metric tonne (pmt).
Hong Kong saw IFO380 drop $4.50 to $643.50, and MGO ended three consecutive market days of gains falling $6.50 to $919.50 pmt.
Rotterdam IFO380 and MGO ended four consecutive market days of gains, with IFO380 dropping $1.50 to $610.00 and MGO losing $2.00 to bring the price to $904.00 pmt.
Fujairah 380 cSt product was up $2.00 to $638.00 pmt, while MGO moved down for a second consecutive day losing $2.50 to $999.00.
Houston IFO380 and 1.00% maximum sulfur 380 cSt product (LS380) both moved down for the first time in four consecutive market days dropping $6.50 to $614.00 and $9.00 to $716.00 pmt respectively, and MGO fell $5.00 to $948.00.
LA / Long Beach saw IFO380 gain $3.50 to $614.50, while LS380 moved up for a second consecutive market day rising $11.00 to $868.50.
Wednesday's WTI spot price moved up for the first time this week and gained $0.85 to close at $88.91 per barrel.
