By Srinivas Chowdary Sunkara // petrobazaar // 14th Dec 2020.
The Bunker Price Index consist of a range of prices for 380 HSFO, MDO and MGO(Gasoil) in the main world hubs traded up across the major world ports on Friday. In Singapore, HSFO 380 cSt prices traded $4 or 1.31% up at $309 while MDO and MGO price indexes showed a upward evolution at $392 and $425.25 respectively. Meantime, The world crude oil price indexes demonstrated downward evolution on surging virus cases and widening lockdowns raised demand fears, offsetting further upbeat vaccine news.
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