By Srinivas Chowdary Sunkara // petrobazaar // 11th March 2020.
The Bunker Price Index consist of a range of prices for 380 HSFO, MDO and MGO(Gasoil) in the main world hubs traded mix across the major world ports yesterday. In Singapore, HSFO 380 cSt prices traded $13.26 or 6.17% up at $228 while MDO and MGO price indexes showed a upward evolution at $365 and $375 respectively. Meantime, The world crude oil price indexes moved up for the second day after a biggest single day fall in a decade on the hopes of U.S producers would cut output significantly.
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