By Srinivas Chowdary Sunkara // petrobazaar // 21-11-2017.
DAILY PRICES OF FUEL OIL
FUEL OIL PRICE MOVEMENT AND ANALYSIS
Fuel oil prices are turned upside following a spike in crude prices on Friday, around all major ports. IFO 180 CST grade price was increased by $3 or 0.74% as on 20/11/17 from its previous closing price. Fuel oil prices were volatile during the last week and marked as unchanged. Both the crude oil contracts were on downside by above 0.5% on Monday. Many of the traders and investors are waiting for the OPEC's decision at the month end meeting scheduled. Rig numbers were unchanged in U.S.