By Srinivas Chowdary Sunkara // petrobazaar // 20th August 2020.
The Bunker Price Index consist of a range of prices for 380 HSFO, MDO and MGO(Gasoil) in the main world hubs traded down across the major world ports yesterday. In Singapore, HSFO 380 cSt prices traded $1.5 or 0.51% up at $290.50 while MDO and MGO price indexes showed a downward evolution at $349.25 and $383.00 respectively. Meantime, The world crude oil benchmark price indexes are moving sideways since early this week since the traders are waiting for fresh clues apart from data. The global oil prices are estimated to be in the current range and expected to respond to bearish factors. The 15 – strong crew on a ship calling at Singapore to refuel and for repairs tested positive for COVID-19. The crew came from India, The Maritime and Port Authority said as published in ship&bunker.
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