According to the IAA PortNews Bunker Prices Review, average bunker indications have plunged at the port of Novorossiysk following the fall of oil prices caused by concerns about oil production growth in the USA.
Average price for IFO-380 НS was $255 per tonne (-$22), average price for MGO was $483 per tonne (-$19).
Maximum MGO price at the port of Novorossiysk is $495 pmt, minimum - $470. Minimum fuel oil price is $245 pmt, maximum - $270 pmt.
The prices depend on the amount of sold fuel.
Average indicative prices at the port of Istanbul fell by $5-9.
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