Global bunker prices were somewhat mixed Friday with the U.S. and Asia mostly steady, while Europe made small gains. Key indicator ports Singapore and Rotterdam made small week-on-week gains, while Fujairah and Houston saw modest losses compared to last Friday.
Singapore IFO380 and MGO moved down for a third consecutive day as IFO380 dropped $2.00 to $676.50 for a week-on-week gain of $2.00, and MGO fell $2.50 to $993.00 per metric tonne (pmt).
Hong Kong saw IFO380 move up $0.50 to $690.00, equal to last Friday's price, while MGO slid for a third consecutive day losing $1.00 to $1009.00 pmt.
Rotterdam IFO380 and 1.00% maximum sulfur 380 cSt product (LS380) both moved down for a third consecutive day. IFO380 lost $0.50 to $654.00 gaining $4.00 on last Friday's price and LS380 dropped $2.50 to $720.50. MGO in Rotterdam was steady at $978.50 for a week-on-week loss of $2.00 pmt.
Fujairah 380 cSt product continued down for a third consecutive day losing $4.50 to $685.00 pmt and a week-on-week loss of $0.50, while MGO was down $1.00 to $1039.00 up $2.50 pmt on last Friday's price.
Houston IFO380, LS380 and MGO all ended two days of negative movements. IFO380 climbed $1.00 to $653.50 losing $0.50 on last Friday's price, LS380 was up $9.00 to $758.00, and MGO gained $3.00 to $1045.50 pmt.
LA / Long Beach IFO380 moved up for the first time since last Friday adding $10.50 to $682.50 for a week-on-week loss of $8.00 pmt.
The WTI spot price ended the week climbing for a third consecutive day up $0.89 to close at $96.42 per barrel.
