Bunker prices continue to make gains on Thursday
Ship & Bunker data showed that global marine fuel prices mostly continued to rise on Thursday, but South American ports saw many IFO prices fall back to Tuesday's value.
Singapore IFO380 moved up $7.50 to $678.00 per metric tonne (pmt), and MGO added $9.00 to bring the price to $998.50 pmt.
Hong Kong saw IFO380 climb for a second consecutive day gaining $5.00 to $693.00 pmt, while MGO moved up $5.00 to $1002.00 pmt.
Rotterdam IFO380 made gains for a third consecutive day, up $7.50 to $660.50, 1.00% maximum sulfur 380 cSt product (LS380) rose $9.50 to $723.00, and MGO climbed $9.00 to $983.50 pmt.
Fujairah 380 cSt product was up for a second consecutive day gaining $10.00 to $691.50, while MGO jumped up $12.00 to $1030.50 pmt.
Houston IFO380 moved up $2.00 to $662.50, LS380 fell for the first time since August 13, 2012 dropping $5.00 to $763.00 pmt, and MGO gained for a second consecutive day up $5.50 to $1040.00 pmt.
LA / Long Beach IFO380 and LS380 were both steady at $661.00 and $930.00 pmt respectively.
Thursday's WTI spot price fell $1.01 (-1.04%) to close at $95.97 per barrel.