By Srinivas Chowdary Sunkara // petrobazaar // 19th Sep, 2019.
The Bunker Price Index consist of a range of prices for 180 HSFO, 380 HSFO and MGO (Gasoil) in the main world hubs dived across the major world ports yesterday. In Singapore, Fuel Oil 180 cSt and 380 cSt graded product prices slid by $61 or 9.78% while MGO prices slipped by $36 to $604.5 during the yesterday's session. The world crude oil price index curve moved down after Saudi assured for quick restoration of lost oil post week end's attacks on its facilities.
IMO 2020 News
ISO publishes long awaited IMO 2020 publicly available specification for Marine Fuel. It confirms that ISO 8217 specifications still apply to fuels meeting the 0.5% sulphur limit.
PAS23262 is available here :https://www.iso.org/standard/75113.html.
Disclaimer: Views and opinions expressed here are personal. This commentary is for information purposes only and not an offer or a solicitation to sell or buy any physical commodities or financial instruments. The views and analysis are based on reliable public information available at the time of writing. This report and its content cannot be copied, redistributed or reproduced in part or whole without the prior written permission of petrobazaar.com