• 2020 December 1 16:43

  Bunker prices rise in the Far East ports of Russia (graph)

  

  Global oil prices decrease amid uncertainty over the forthcoming OPEC+ talks

  According to Bunker Price Bulletin of IAA PortNews, the average indicative price at the port of Vladivostok for IFO-380 НS - $275 pmt, MGO (DMB) - $402 pmt, VLSFO 0.5% - $355.

  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 at the port of Singapore:

  - IFO-380 НS - $310
  - VLSFO 0,5% - $385
  - MGO - $406

  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

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