Bunker prices increase at the port of Saint-Petersburg, Russia (graph)

OPEC+ extends supply cut measure by 9 moths. Oil prices decrease amid anticipation of slowdown in global economic growth.

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

Average price of IFO-380 HS - $375 pmt (+$15).

Average price of MGO - $585 pmt (+$25).  

Average price of ULSFO - $524 pmt (+$9). 

IFO-380 HS price is ranging between $365 and $385 pmt.

Bunker prices at the port of Rotterdam fell 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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