Bunker prices are going up at the port of Novorossiysk, Russia. The prices are growing amid the fuel deficit caused by a long period of unfavorable weather in the region.
According to the IAA PortNews Bunker Prices Review, average price for IFO-380 НS was $290 per tonne (+$5), average price for MGO was $526 per tonne (+$9).
The difference between maximum/minimum is still high. The prices depend on the amount of sold fuel.
IFO-380 НS prices are ranging between $280 and $310 pmt, MGO prices – between $520 and $545 pmt.
Fuel oil prices at the port of Istanbul fell by $9 on the average.
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