Bunker price difference at the Port of Saint-Petersburg, Russia is still very high (graph)

Oil prices started climbing up in the beginning of the week due to the reduction of oil supplies from Venezuela caused by sanctions imosed by the USA on Venezuela's state-owned oil firm PDVSA. 

Bunker prices at the port of Rotterdam have decreased by $4 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 - $320 pmt (+$5). 

Average price of MGO - $520 pmt. 

Average price of ULSFO - $490 pmt. 

IFO-380 HS price is ranging between $280 and $330 pmt.

Bunker prices at the port of Rotterdam have declined by $2 on the average.

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

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