Better Results Expected for the Global Bunker Market in 2021

The World Bunker Index MABUX displayed irregular fluctuations over a week due to COVID-19 pandemic’s spread related worries.
Border closures & shutdowns continue to constrain fuel demand.
380 HSFO index fell from 367.25 USD/MT to 365.95 USD/ MT (-1.30 USD),
VLSFO added 1.00 USD: from 461.00 USD/MT to 462.00 USD/MT while
MGO gained 2.25 USD and changed from 515.58 USD/MT up to 517.83 USD/MT.

The COVID-19 pandemic’s spread is taking center stage again and markets are getting increasingly...