Bunker market at the Port of Saint-Petersburg, Russia shows mixed price movements (graph)
Investors are still considering the decision of OPEC+ and its impact on demand/supply balance on the global market in 2019. Therefore, the trend is not clear.
Bunker prices at the port of Rotterdam declined by $1 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 - $326 pmt (+$1).
Average price of MGO - $534 pmt (+$1).
Average price of ULSFO - $504 pmt (-$1).
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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