MGO price continue falling at the port of Saint-Petersburg, Russia

Global oil prices started growing.

According to IAA PortNews Bunker Prices Review, MGO price at port St. Petersburg fell to $310 pmt, as low as in March 2016 ($312 pmt). Global oil prices have slightly increased following the record fall.

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

Average price of IFO-380 HS - $165 pmt (-).

Average price of MGO - $295 pmt (-$15).

Average price of ULSFO - $265 pmt (-).

Average price of VLSFO 0.5% - $235 pmt (-).

Bunker prices at the Port of Rotterdam fell by $16 on the aveage:

- IFO-380 НS - $167 (-$9).
-  MGO - $284 (-$41).
- ULSFO 0,1% - $260 (-$10).
- VLSFO 0,5% - $230 (-$5).

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

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