Fresh Demand Worries Keep the Oil Indexes in Turmoil

Capt. John

According to a MABUX press release, MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) declined on September 07:

380 HSFO: USD/MT 303.68 (-3.33)
VLSFO: USD/MT 349.00 (-4.00)
MGO: USD/MT 425.77 (-1.93)

  • Meantime, world oil indexes also decreased on Sep.07 as Saudi Arabia made its deepest monthly price cuts to supply for Asia in five months and uncertainty over Chinese demand clouds the market’s recovery.
  • Brent for November...

https://mfame.guru/fresh-demand-worries-keep-the-oil-indexes-in-turmoil/

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