Sharp multidirectional changes in bunker prices will continue, according to Sergey Ivanov, director at Marine Bunker Exchange (MABUX), who does not expect any drastic changes in the global bunker market’s trends until the conflict in Ukraine is resolved.
Meanwhile, high volatility remains in the global bunker market, accompanied by sharp irregular changes in bunker indices, according to MABUX’s latest report.
Over Week 16, MABUX Bunker Index switched again to a firm upward evolution with the 380...