In International Shipping News 16/06/2017
Rotterdam bunker fuel prices were slightly higher in late European morning trading Thursday from Wednesday’s falls on bearish US oil inventory data, sources said.
They said some bunker suppliers were fully booked for the rest of this week, which could be lending some support to prices.
The bunker market was also being supported by front-month Brent crude futures edging up Thursday.
The key bunker grade of 380 CST fuel oil in the Dutch bunkering hub was assessed by Platts at $268/mt Wednesday, a fall of $9 on the day but bunker market participants in the port Thursday were indicating $270/mt for the grade in late morning trading.
Source: Platts
