Bunker prices continue declining at the Port of Saint-Petersburg, Russia (graph)
Global oil prices retain positive dynamics in the beginning of the week formed in expectation of OPEC and OPEC+ decision on reduction of output.
Bunker prices at the port of Saint-Petersburg are going down because of momentum gained last week while the port of Rotterdam saw a surge by $30 on the average.
According to IAA PortNews Bunker Prices Review, bunker fuel prices at port St. Petersburg were as follows:
Average price of IFO-380 HS - $335 pmt.
Average price of MGO - $542 pmt (-$10).
Average price of ULSFO - $515 pmt (-$15).
IFO-380 HS price is ranging between $320 and $350 pmt, MGO – between $540 and $560 pmt.
The difference between maximum/minimum prices depends on the amount of fuel sold and its availability.
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