2019 February 1 09:54

Bunker prices show considerable growth at the Port of Saint-Petersburg, Russia (graph)

Oil prices continue growing due to the decision of OPEC+ to cut fuel production. 

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

Average price of IFO-380 HS - $343 pmt (+$23). 

Average price of MGO - $545 pmt (+$25).  

Average price of ULSFO - $511 pmt (+$21). 

IFO-380 HS price is ranging between $300 and $350 pmt.

Bunker prices at the port of Rotterdam have increased by $14 on the average.

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

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