With Covid-19 rising in many large oil markets uncertainty about the future of oil’s fundamentals remains unusually high, according to Marine Bunker Exchange (MABUX), who highlighted that “any change in this state of affairs depends on how the pandemic develops.”
The World Bunker Index MABUX continued its slight upward evolution for a week with the 380 HSFO index rose to US$297.65/mt, VLSFO added US$4.00 reaching at US$353 / mt, while MGO increased to US$418.46/mt.
The global scrubber spread...
https://container-news.com/oil-market-uncertainty-remains-while-fuel-prices-are-stable/