By Srinivas Chowdary Sunkara // petrobazaar // 5th Nov 2019.
BUNKERING NEWS
Bunker Price Index consist of a range of prices for 180 HSFO, 380 HSFO and MGO(Gasoil) in the main world hubs traded mixed across the major world ports. Fuel oil futures in Singapore market dropped yesterday. IFO 180 cSt and 380 cSt graded fuel oil prices dropped by $14 to $412.5 and $382.5 respectively while MGO prices increased by $14.5 to $595. ship&bunker reported that the bunker sales in Rotterdam fell for the second straight quarter with ref to latest data from the port of Rotterdam Authority. The drop was driven by a decline in fuel oil sales which made up 80% of the overall total.The world crude oil price index continued to uptick yesterday after a sharp rise on late week.
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