:: Bunkering --- ID :: 16715
Bunker Price Index // 17-10-2019
Fuel oil futures prices in Singapore market rose yesterday

By Srinivas Chowdary Sunkara // petrobazaar // 17th Oct, 2019.

The Bunker Price Index consist of a range of prices for 180 HSFO , 380 HSFO and MGO(Gasoil) in the main world hubs demonstrated mixed trend and closed down insignificantly yesterday. In Singapore market, Fuel oil futures prices rose 3.35% after shedding above 8% in the previous two sessions.  IFO 180 cSt and 380 cSt graded fuel oil futures prices rose $12 to $370.5 and $340.5 respectively where as MGO (Gasoil) futures prices edged up $3.5 to $585. The world crude oil futures gained yesterday in a skeptical trading. Production cut talk and weak dollar supported oil complex whereas swelling US inventories news weighed on. 


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