Global oil prices started decreasing amid record production in the USA and China.
According to IAA PortNews Bunker Prices Review, bunker fuel prices at port St. Petersburg were as follows:
Average price of IFO-380 HS - $287 pmt ( +$8).
Average price of MGO - $547 pmt.
Average price of ULSFO - $497 pmt.
IFO-380 HS prices range between $282 and $300 pmt.
Bunker prices at the port of Rotterdam climbed by $6 on the average.
The difference between maximum/minimum prices depends on the amount of fuel sold and its availability.
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