MABUX: Bunker Prices Expected To Trend Lower Next Week

MABUX: Bunker Prices Expected To Trend Lower Next Week
At the end of the 42nd week, global bunker indices MABUX continued their downward trajectory, defying expectations of an upward correction. The 380 HSFO index declined by USD 12.11, from USD 450.92/MT to USD 438.81/MT, slipping below the USD 450 threshold. The VLSFO...
Read More

Asia Spot market differentials hold steady in discounts

Asia Spot market differentials hold steady in discounts
Asia spot fuel oil differentials held in steady discounts, weighed by a persistent backdrop of high supply. Singapore’s very low sulphur fuel oil (VLSFO) cash differential continued to hold at discounts wider than $3 a metric ton, dragged by high inventory of blend...
Read More