World News
Week Ends with Rising Bunker Prices as Crude Price Surges
After a week of mixed movements, Friday bunker prices climbed in many global ports.
Singapore IFO380 was up by $1.50 to bring the price to $575.50, $12.00 higher than last Friday's $563.50 per metric tonne (pmt).
Hong Kong 380 cSt product ended the week by moving up $2.00 to $586.50, and MDO gained $11.00 to $824.50 pmt.
In Rotterdam IFO380 made gains for the fifth consecutive day with the price moving up $4.00 to $551.50, while MGO moved up $0.50 to $821.00.
Fujairah saw IFO380 move up $1.00 to $580.50 pmt, and MGO gained $1.50 to move the price to $996.00.
Houston IFO380 moved up for the third consecutive day gaining $1.50 to $553.00, and MGO moved up $2.50 to $855.00.
LA / Long Beach saw IFO380 make a negative movement for the second consecutive day, dropping $6.00 to $573.50 pmt.
Crude ended the week with the Friday WTI spot price moving up $7.27, to close at $84.96 per barrel, the highest price since 6th June's $85.02.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 509.00 | 4.50 | 623.00 | 3.00 |
| Rotterdam | 463.00 | 7.00 | 623.50 | 2.00 |
| Houston | 471.50 | 4.50 | 627.50 | 3.50 |
| Fujairah | 501.00 | 4.50 | 714.00 | 1.00 |
| Global 20 Ports Average | 529.00 | 2.50 | 714.50 | 2.50 |
| Global 4 Ports Average | 486.00 | 3.00 | 647.00 | 2.50 |
| Global Average Bunker Price | 572.50 | 2.00 | 753.00 | 2.00 |
Popular Now More
-
Apr 28Failing to keep track of energy density variations could be costing shipping companies as much as $25/mt in fuel bills, Shipergy CEO Daniel Rose tells Ship & Bunker. -
Apr 28Gross profit from the marine segment was $35.7 million in Q1 2025, down from $48.4 million a year earlier. -
Apr 23Initial Ship & Bunker analysis shows ships would need to use between 17.6% and 23.3% biofuel in B100 terms to avoid penalty charges in 2028.