• 2020 December 3 13:40

  Bunker market sees mixed price movements in the Far East ports of Russia (graph)

  

  Global oil prices are slightly up on expectation of OPEC+ talks

  According to Bunker Price Bulletin of IAA PortNews, the average indicative price at the port of Vladivostok for IFO-380 НS - $270 pmt, MGO (DMB) - $405 pmt, VLSFO 0.5% - $353.

  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 - $306
  - VLSFO 0,5% - $380
  - MGO - $397

  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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