Bunker Price Index 28-2-2020

Check out for Prices!

By Srinivas Chowdary Sunkara // petrobazaar // 28th Feb 2020.

BUNKERING NEWS

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 $8.32 or 2.73% down at $296.43 while MDO and MGO price indexes showed a upward evolution at $510 and $520 respectively. Meantime, The world crude oil price indexes dived to news lows after Jan 2019 following the reports of novel virus cases outside China which stoked further worries over the expected gloomy economy affected by outbreak of virus.

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


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

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