Port of St. Petersburg bunker prices close the week on a down note

Bunker fuel prices at the Port of St. Petersburg continued decline before the weekend following bearish trend in the global bunker fuel market.

Fuel oil price at the Port of Rotterdam dropped by an average of $15.0 per metric ton.

The PortNews marine fuels price review shows the average indicative price for bunker fuel at the Port of St. Petersburg was the following:

IFO380 HS: $ 375.0 pmt (- $ 11.0).
MGO: $ 617.0 pmt (- $ 5.0).
ULSFO (marine fuel environmental): $ 570.0 pmt (- $ 10.0).

Prices for high sulphur product IFO380 were ranging $ 370.0 to $ 380.0 pmt, MGO — between $ 615.0 and $ 625.0 pmt. The difference depended on the volume of fuel shipment sold and the stocks available.