:: Bunkering --- ID :: 17218
Bunker Price Index // 25-03-2020
Fuel oil prices inched up in Singapore market

By Srinivas Chowdary Sunkara // petrobazaar // 25th March 2020.


Bunker Price Index consist of range of prices for 380 HSFO, MDO and MGO(Gasoil) in the main world hubs traded mix yesterday. In Singapore, HSFO 380 cSt graded fuel oil prices edged $1.12 down to $188.75 while MDO and MGO prices traded up at $275 and $285 respectively. Meanwhile, Today morning the world crude oil benchmark price indexes continued upward momentum for the straight third session alongside broader financial markets as the Unite States is expected approve a massive aid package to stem the economic impact of the corona virus pandemic. Ship and bunker reported that all sectors remained operational at the port of Rotterdam despite measures to contain COVID-19 pandemic. The authority said that all sea-going vessels are required do submit medical declaration of health before entering the port area at Rotterdam as per the report.

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news courtesy:ship&bunker