Monday's bunker prices were relatively steady with many ports seeing small mixed movements. Key price indicator ports Singapore, Rotterdam, and Fujairah saw IFO380 move down between $1.00 and $2.50, while Houston saw the grade make a $1.00 gain.
Singapore IFO380 slipped $1.00 to $647.50 per metric tonne (pmt), and MGO gained $1.00 to bring the price to $975.50 pmt.
Hong Kong saw IFO380 and MGO end three consecutive market days of gains and drop $3.00 to $659.50 and $1.50 to $994.00 respectively.
Rotterdam IFO380 and low sulfur 380 cSt product (LS380) fell $1.00 to $627.00 and $661.00 pmt respectively, while MGO saw losses for a second consecutive market day dropping $3.00 to $1004.00 pmt.
Fujairah 380 cSt product was down $2.50 to $649.00, and MGO fell for a third consecutive market day slipping $3.00 to $1032.50 pmt.
Houston IFO380 was up $1.00 to $637.00, LS380 dropped for a second consecutive market day falling $0.50 to $737.50, while MGO ended six consecutive market days of gains and lost $4.00 to bring the price to $1067.00 pmt.
LA / Long Beach IFO380 gained for a fourth consecutive market day climbing $5.00 to $690.00 pmt, and LS380 moved up $10.50 to $780.50 making the premium for the low sulfur product $90.50 pmt.
The WTI spot price opened the week moving down just $0.01 to close $91.85 per barrel.
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