World News
BUNKER PRICES: G20-VLSFO Index Declines for Third Session
Bunker fuel prices mostly declined at ports around the world on Friday, with global average VLSFO prices slipping for a third consecutive session.
Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports lost $0.50/mt to $609.50/mt on Friday, reaching its lowest level since January 15.
The G20-HSFO Index gained $1/mt to $510.50/mt, while the G20-MGO Index advanced by $8/mt to $787.50/mt.
ICE Brent crude futures fell by $0.22/bl to $76.67/bl on Friday.
VLSFO prices at the top four ports mostly followed a negative trend. At Singapore prices fell by $4.50/mt to $588/mt, at Rotterdam they advanced by $3.50/mt to $552.50/mt, at Fujairah they sank by $3.50/mt to $575.50/mt, and at Houston they dropped by $4/mt to $566/mt.
On Monday morning Brent futures were trading up by $0.11/bl from the previous session's close at $76.78/bl as of 8:13 AM in London. In metric tonne terms that would be equivalent to a $0.83/mt rise on the day in bunker prices.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 588.00 | 4.50 | 699.50 | 17.00 |
| Rotterdam | 552.50 | 3.50 | 675.00 | 0.50 |
| Houston | 566.00 | 4.00 | 726.50 | 1.50 |
| Fujairah | 575.50 | 3.50 | 772.50 | 3.00 |
| Global 20 Ports Average | 609.50 | 0.50 | 787.50 | 8.00 |
| Global 4 Ports Average | 570.50 | 2.00 | 718.00 | 4.50 |
| Global Average Bunker Price | 650.50 | 0.50 | 828.00 | 1.00 |
Popular Now More
-
Jan 30Offshore bunkering is available again at the Algoa Bay anchorage, a local shipping agent tells Ship & Bunker. -
Feb 03The average cost to offset one tonne of VLSFO in January 2025 under EU ETS emissions rules was $173.87, up from $91.96 in January 2024. -
Jan 31The company this week started LNG bunker supply in Vancouver, Canada, adding to operations in Long Beach as it looks to add further supply ports.