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2012 July 2   09:00

Friday bunker prices climbed in many global ports

After a week of mixed movements, Friday bunker prices climbed in many global ports. Singapore IFO380 was up by $1.50 to bring the price to $575.50, $12.00 higher than last Friday's $563.50 per metric tonne (pmt), Ship & Bunker reports.

Hong Kong 380 cSt product ended the week by moving up $2.00 to $586.50, and MDO gained $11.00 to $824.50 pmt.

In Rotterdam IFO380 made gains for the fifth consecutive day with the price moving up $4.00 to $551.50, while MGO moved up $0.50 to $821.00.

Fujairah saw IFO380 move up $1.00 to $580.50 pmt, and MGO gained $1.50 to move the price to $996.00.

Houston IFO380 moved up for the third consecutive day gaining $1.50 to $553.00, and MGO moved up $2.50 to $855.00.

LA / Long Beach saw IFO380 make a negative movement for the second consecutive day, dropping $6.00 to $573.50 pmt.

Crude ended the week with the Friday WTI spot price moving up $7.27, to close at $84.96 per barrel, the highest price since 6th June's $85.02.

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