Global bunker indices decline in 50th week of 2024

During the 50th week of the year, the Marine Bunker Exchange (MABUX) global indices experienced a moderate decline.

The 380 HSFO index dropped by US$4.76 to US$510.31/MT, edging closer to the US$500.00 threshold. The VLSFO index fell by US$3.98 to US$584.96/MT. Similarly, the MGO index saw a decrease of US$5.20 to US$746.75/MT.

“At the time of writing, no clear trend was observed in the global bunker market, with indices exhibiting mixed movements,” stated a MABUX official.

The MABUX Global...

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