Bunker prices at the Port of Saint-Petersburg, Russia dropped by 38$ over a week (graph)

Global oil prices continued considerable decrease in the beginning of the week amid the ability of some countries to import Iranian oil despite the USA sanctions.

Bunker prices at the port of Saint-Petersburg plunged in the beginning of the week. The port of Rotterdam saw a decrease of $15 on the average.

According to IAA PortNews Bunker Prices Review, bunker fuel prices at port St. Petersburg were as follows:

Average price of IFO-380 HS - $410 pmt (-$30). 

Average price of MGO - $640 (-$38). 

Average price of ULSFO - $609 pmt (-$46). 

IFO-380 HS price is ranging between $407 and $416 pmt, MGO – between $635 and $645 pmt.

The difference between maximum/minimum prices depends on the amount of fuel sold and its availability.

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