Singapore bunker prices rose on Thursday as the premium to fuel oil cargo values weakened further to $2-$3 a tonne as sellers began to cut offers to spur demand.
Prices for the 380-centistoke (cst) bunker fuel were pegged at $286-$288 a tonne, up $2.00 from Wednesday's Asian close, while its differential to fuel oil was at a premium of $2.45, down from $4.00 a day-ago.