Bunker prices mostly sank at ports around the world on Friday, with global average VLSFO prices returning to their lowest level in four and a half years.
Ship & Bunker’s G20-VLSFO Index of prices across 20 leading bunkering ports sank by $/mt to $/mt on Friday, reaching its lowest level since April 2021.
The G20-HSFO Index declined by $5/mt to $/mt, while the G20-MGO Index lost $/mt to $/mt.
ICE Brent crude futures sank by $/bl to $/bl on Friday.
VLSFO prices at the top four ports followed a negative trend. At Singapore prices fell by $8/mt to $/mt, at Rotterdam they declined by $7/mt to $/mt, at Fujairah they sank by $7/mt to $/mt, and at Houston they dropped by $/mt to $/mt.
