Bunker prices mixed as scrubber spread extends gains
AI Summary
The global bunker fuel market is experiencing mixed price movements, primarily influenced by ongoing geopolitical tensions in the Middle East. The fluctuation in prices is affecting shipping operations and could impact the broader commodities market.
The global bunker market recorded mixed performance over the week, with price fluctuations remaining significant amid ongoing tensions in the Middle East. The 380 HSFO index surged by US$38.13, rising from US$ 765.04/MT the previous week to US$ 803.17/MT and exceeding the US$ 800 threshold. The VLSFO index also posted a strong gain of US$ […] The post Bunker prices mixed as scrubber spread extends gains appeared first on Container News.