Average wholesale spot market prices for Russian HFO between December 1 and December 5, 2014 dropped by RUB 691 week-on-week to RUB 8,437 per metric ton, the Kortes fuel prices review showed.
The bunker indications for Russia's regional markets are as follows:
- North-West Federal District M100 heavy fuel oil price shrank by RUB 680 to RUB 10,750.0 pmt;
- Central Federal District the product price fell RUB 580.0 to settle at RUB 7,750.0 pmt;
- Volga Federal District – the product lost RUB 624.0 to RUB 7,351.0 pmt;
- Southern Federal District – the price plummeted by RUB 2,000 to RUB 9,050.0 pmt;
- Siberian Federal District - the regional market price was down RUB 787.0 to settle at RUB 8,380.0 pmt;
- Far Eastern Federal District - the product gained RUB 15.0 to RUB 14,070.0 pmt.