Singapore bunker fuel prices up

08 Dec, 2006

Singapore bunker prices rose on Thursday, but the differential to fuel oil cargo values remains soft at a discount of $3-$4 a tonne, traders said on Thursday.
Prices for 380-centistoke (cst) bunker fuel were pegged at $264-$266 a tonne, while its differential to fuel oil narrowed by $1.17 to $3.38, as demand slightly firmed. "Inquiries were a lot today, the most so far this week," a bunker trader said.

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