The average indicative bunker price at the port of Novorossiysk slightly changed in the early 18th week 18th, a review conducted by PortNews in the Southern region showed.
The average price of IFO-380 HS was flat week-on-week at $427 per metric ton (pmt) with a 5-percent gain for MGO to $927 pmt.
The average indicative bunker price showed a slight gain in the ports of the Black Sea.
The ports of the Azov Sea the price for all grades of fuel will continue to grow on the back of the product shortage in the region, with a slight decline in diesel price attributed to the dumping policy by the regional companies.
The port of Istanbul saw a slight gain in bunker prices with fuel oil increased $1 and diesel fuel up $14.