Global bunker prices were firm Wednesday with mostly small gains being seen in the major ports.
In Asia, Singapore had gains across grades with IFO380 moving up $5.00 to $590.00, Busan also saw small gains in IFO380 moving up $2.50 to $622.50 and MDO lost $1.50 moving the price down to $913.50 per metric tonne (pmt).
In Europe Rotterdam saw gains across the board for the second day in a row with IFO380 moving up $8.50 to $573.00 and MGO once again seeing a double digit gain, moving up $11.00 to $849.50 pmt.
Gothenburg also saw some gains with 380 cSt product moving up a moderate $7.50 to $592.50 pmt.
Houston's IFO380 was once again up albeit only by $0.50 today, moving the price to $580.00, while MGO firmed reversing yesterdays loss to move up $12.50 to $870.00.
New York saw a similar changes with IF380 moving up $2.50 to $585.50 and MGO gaining $13.50 to $891.00.
On the U.S. West Coast LA / Long Beach saw 380 cSt losing $1.50 moving down to $639.50 pmt while MDO saw another day of small gains moving up $2.50 to $1027.50.
Crude saw a third consecutive day of gains with WTI moving up $0.73 and closing at $85.02 per barrel.
