Bunker prices show mixed movements at Port of St. Petersburg
Crude oil prices continued to decline on fears that the US recession is coming soon, which will negatively affect demand, and weak statistics from Germany and China as additional negative factor.
Port of St. Petersburg saw bunker fuel prices mixed movements. The IAA Port News bunker prices review shows that the average indicative price for the following products was:
IFO 380 HS: $ 282.0 per metric ton.
MGO: $ 535.0 pmt.
ULSFO (marine fuel environmental): $ 501.0 pmt.
Foreign exchange price for IFO 380 HS was ranging $ 275.0 to $ 290.0 pmt.
Bunker price in the Port of Rotterdam on average remained unchanged.
The difference between the maximum and minimum prices depends on the volume of fuel batch sold and the product availability.