According to the weekly outlook of Marine Bunker Exchange (MABUX) for fuel prices, the global bunker market has been in a state of high volatility throughout 2022.
MABUX noted a spike in bunker fuel prices in March 2022, triggered by the outbreak of the war in Ukraine, which continued until the end of June. Since the beginning of July, fuel prices have been in a stage of a downward correction.
As a result, the MABUX 380 HSFO Global Index decreased by US$12.71 compared to the beginning of the year...
https://container-news.com/2022-was-noted-as-year-of-high-volatility-for-global-bunker-market/