Global Bunker Market Update: Week 42 Decline with Upward Correction Expected

Capt. John

According to a report from MABUX on LinkedIn, global bunker indices experienced a general decline during Week 42, with a potential upward correction on the horizon. The 380 HSFO index fell by USD 7.63, from USD 536.99/MT to USD 529.36/MT. VLSFO saw a decrease of USD 15.69, settling at USD 607.98/MT from USD 623.67/MT. Similarly, the MGO index declined by USD 21.58, reaching USD 764.43/MT compared to USD 786.01/MT last week. Despite these declines, a moderate upward correction was observed in...

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