BUNKER PRICES: G20-VLSFO Index Drops to One-Month Low

by Ship & Bunker News Team
Friday July 18, 2025

Bunker prices mostly declined at ports around the world on Thursday, with global average VLSFO prices dropping to their lowest level in more than a month.

Ship & Bunker's G20-VLSFO Index of prices across 20 leading bunkering ports fell by $1.50/mt to $550.50/mt on Thursday, reaching its lowest level since June 12.

The G20-HSFO Index rose by $2/mt to $462.50/mt, while the G20-MGO Index declined by $2/mt to $768.50/mt.

ICE Brent crude futures rose by $1.00/bl to $69.52/bl on Thursday.

VLSFO prices at the top four ports mostly followed a negative trend. At Singapore prices fell by $2/mt to $520/mt, at Rotterdam they advanced by $1/mt to $506.50/mt, at Fujairah they slipped by $2.50/mt to $510/mt, and at Houston they dropped by $0.50/mt to $496/mt.

On Friday morning Brent crude futures were trading up by $0.35/bl from the previous session's close at $69.87/bl as of 5:30 AM in London. In metric tonne terms that would be equivalent to a $2.64/mt rise in bunker prices.