Bunker prices mostly declined at ports around the world on Friday, with global average VLSFO prices dropping for a sixth consecutive session.
Ship & Bunker’s G20-VLSFO Index of prices across 20 leading bunkering ports fell by $4/mt to $/mt on Friday, reaching its lowest level since June 10.
The G20-HSFO Index declined by $/mt to $/mt, while the G20-MGO Index jumped by $10/mt to $/mt.
ICE Brent crude futures rose by $/bl to $/bl on Friday.
VLSFO prices at the top four ports mostly followed a negative trend. At Singapore prices fell by $7/mt to $/mt, at Rotterdam they sank by $/mt to $/mt, at Fujairah they slipped by $/mt to $/mt, and at Houston they rose by $1/mt to $/mt.
On Monday morning Brent crude futures were trading down by $/bl from the previous session’s close at $/bl as of 7:39 AM in London. In metric tonne terms that would be equivalent to a $/mt fall in bunker prices.
