Bunker Price Index 25-12-2019

Check out for Prices!

By Srinivas Chowdary Sunkara // petrobazaar // 25th Dec 2019.

BUNKERING NEWS

The Bunker Price Index consist of a range of prices for 180 HSFO, 380 HSFO and MGO(Gasoil) in the main world hubs gained significantly across the world major ports yesterday. IFO 180 cSt and 380 cSt graded fuel oil futures prices posted 1% loss from its previous session to settle at $401 and $371 respectively while MGO(Gasoil) futures prices closed $1 down at $658 during the session. The world crude oil bench mark futures prices gained yesterday after Russia&#39s statement to continue cooperation with OPEC group added to the optimism surrounded by the U.S and China coming closer to sign the first phase of trade agreement. 

IMO-2020 NEWS

IMO-2020 regulations have brought in tremendous innovation in the industry from new ways to create fuels to innovative algorithms to test fuel quality from new chemicals to reduce risk to Blockchain solutions to improve transparency. Industry&#39s innovation and entrepreneurship will ensure that customers around the world will have more choices while simultaneously reducing their risk as per Mr.Ananth Srinivasan as published in ship&bunker.

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

imo news courtesy:ship&bunker

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

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