World News
Thursday Global Bunker Prices Remain Steady
Prices for IFO380 bunkers generally remained steady on Thursday with mostly small movements in the Americas, EMEA, and Asia / Pacific regions.
Singapore moved down $2.00 bringing the price to $596.50, while Hong Kong saw a gain of $7.00 to $616.00.
Busan 380 cSt product remained at $621.50 per metric tonne (pmt).
Rotterdam edged up $0.50 bringing the price to $577.00, and Piraeus also had small gains moving up $1.00 to $608.00.
Fujairah's 380 cSt grade fuel was down $0.50 to $607.50.
In the Americas Houston lost $2.50 bringing it down to $575.00, while further North New York saw IFO380 trimming $3.50 to $587.50.
LA / Long Beach saw IFO380 continue on its downward trend dropping $4.00 to $593.50.
In Latin America Santos IFO380 was down $1.50 bringing the price to $622.00 while Rio de Janeiro's IFO380 also dropped $1.00 to $615.50.
Crude was up on Thursday with WTI gaining $1.29 closing at $83.91 per barrel.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 491.00 | 2.50 | 592.50 | 16.50 |
| Rotterdam | 445.00 | 13.00 | 593.50 | 11.00 |
| Houston | 443.50 | 6.50 | 601.50 | 5.50 |
| Fujairah | 487.00 | 10.50 | 711.00 | 12.00 |
| Global 20 Ports Average | 517.50 | 1.50 | 697.00 | 3.00 |
| Global 4 Ports Average | 466.50 | 3.50 | 624.50 | 0.00 |
| Global Average Bunker Price | 559.50 | 2.50 | 736.00 | 2.00 |
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