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

Global oil prices show a neutral-positive reaction to OPEC+ decision to raise oil output by 2 barrels per day from August.

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

Average price of IFO-380 HS - $242 pmt (+$2).

Average price of MGO - $353 pmt (-$7).

Average price of ULSFO - $333 pmt (-$7).

Average VLSFO 0,5%  -  $300 pmt (-).

Bunker prices are flat at the Port of Rotterdam:

- IFO-380 НS - $253
-  MGO - $352
- ULSFO 0,1% - $350
- VLSFO 0,5% - $300

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

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