By Srinivas Chowdary Sunkara // petrobazaar // 11th Nov 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 $13.75 or 4.86% up at $296.25 while MDO and MGO prices remained unchanged at $342 and $352.75 respectively. Meantime, The world crude oil price indexes moved up in a big rally as the producers continued to hedge for the second consecutive day.
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