The week opened the same way it ended last Friday with bunker prices falling in many ports, and key ports Singapore and Rotterdam both saw some double-digit losses, Ship & Bunker reports.
Singapore IFO380 fell for a second consecutive market day, the price down $10.50 to $594.00, while MGO dropped $7.00 to bring the price to $859.50 per metric tonne (pmt).
Hong Kong saw IFO380 drop $5.50 to $616.50, and MDO gained $9.00 bringing the price to $877.00.
In Rotterdam IFO380 and MGO both fell for a second consecutive market day, dropping $11.00 to $575.50 pmt and $18.50 to $866.00 pmt respectively.
Fujairah 380 cSt product dropped $8.50 to $600.00, while MGO fell $4.00 to $989.50 pmt.
Houston saw both IFO380 and MGO fall for the second consecutive market day, dropping $8.50 to $577.50 and $1.50 to $900.50 respectively.
LA / Long Beach IFO380 was steady at $597.00, while MDO gained $0.50 to $1049.50.
Crude opened the week with the WTI spot price gaining $1.45 to close at $85.99 per barrel.
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