Bunker prices at port St. Petersburg break this year’s maximum (graph)
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According to IAA PortNews Bunker Prices Review, average indicative bunker prices at the port of St. Petersburg were as follows:
Average price of IFO-380 HS - $118 pmt (+$10).
Average price of MGO - $293 pmt (+$10).
Average price of ULSFO - $260 pmt (+$8).
Maximum price of IFO-380 HS is $135 pmt.
IFO-380 HS prices have doubled from the year beginning amid reduction of oil production in the USA.
MGO prices range between $270 and $330 pmt. An upward trend is seen in the region.
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