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  3. Bunker market sees mixed price movements at the port of Saint-Petersburg, Russia (graph)

2019 December 20   09:55

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

Global oil prices are declining. Market players continue setting dumping prices for high-sulphur fuel oil amid a tough competition in view of the IMO sulphur cap for marine fuel effective from 2020 which is expected to affect the demand.

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

Average price of IFO-380 HS - $175 pmt (-$3).

Average price of MGO - $545 pmt (-$3).

Average price of ULSFO - $520 pmt (+$25).

Average price of VLSFO 0.5% - $455 pmt (-$3).

IFO-380 HS prices range between $170 and $185 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.

Subscribe for IAA PortNews Bunker Prices Review snitko@portnews.ru. Upon request it will be provided in English.

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