Marine fuel markets were mixed on Wednesday with most regions seeing a variety of price movements, Ship & Bunker reports.
Singapore IFO380 was steady at $658.50 ending seven consecutive days of gains, while MGO moved up $6.00 to $974.00 per metric tonne (pmt).
Hong Kong saw IFO380 and MGO move up today, IFO380 gaining $4.00 to $678.00 and MGO climbing $7.00 to $982.50 pmt.
Rotterdam IFO380 was up for an eighth consecutive market day rising $1.00 to $643.50, 1.00% maximum sulfur 380 cSt product (LS380) gained $1.00 to $703.00, and MGO moved up $2.50 to $954.00 pmt.
Fujairah 380 cSt was steady at $672.00 pmt ending ten consecutive market days of gains, while MGO climbed for a third consecutive market day rising $2.00 to $1023.50 pmt.
Houston IFO380 climbed for a ninth consecutive market day rising $1.50 to $644.00 pmt, LS380 was up $2.00 to $746.00 bringing the premium for the low sulfur grade to $102 pmt, and MGO was up $2.50 to $1002.50 pmt.
LA / Long Beach saw IFO380 and LS380 slip for a third consecutive day losing $11.00 to $652.50 and $6.00 to $910.00 pmt respectively bringing the premium for LS380 to $257.50 pmt.
The Wednesday WTI spot price was up for a second consecutive day gaining $0.90 (0.96%) to close at $94.33 per barrel.
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