Bunker market at the Port of Saint-Petersburg, Russia shows mixed price movements (graph)

Investors are still considering the decision of OPEC+ and its impact on demand/supply balance on the global market in 2019. Therefore, the trend is not clear.

Bunker prices at the port of Rotterdam declined by $1 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 - $326 pmt (+$1). 

Average price of MGO - $534 pmt (+$1). 

Average price of ULSFO - $504 pmt (-$1). 

IFO-380 HS price is ranging between $320 and $350 pmt, MGO – between $540 and $560 pmt.

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

Subscribe for IAA PortNews Bunker Prices Review snitko@portnews