• 2020 April 9 12:29

  Bunker prices are flat at the Far East ports of Russia (graph)

  

  Global oil prices are going up amid expectation of OPEC+ meeting that will be held via video conference on April 9.

  According to Bunker Price Bulletin of IAA PortNews, the average indicative price at the port of Vladivostok for IFO-380 НS - $220 pmt, MGO (DMB) - $410 pmt, VLSFO 0.5% - $220.

  The market players say the prices are just indicative with limited volumes of non-compliant fuel oil available and low demand of it in the area.

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

  Bunker prices are stable at the port of Singapore:

  - IFO-380 НS - $199
  - VLSFO 0,5% - $255
  - MGO - $282

  From 1 January 2020 the global upper limit on the sulphur content of ships' fuel oil is reduced to 0.50%.

  Subscribe for IAA PortNews bunker prices review snitko@portnews.ru Upon request it will be provided in English.

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