Singapore bunker prices continued to post gains on the back of outright fuel oil prices, while the premium to cargo values narrowed. Prices for the 380-centistoke (cst) were pegged at $364-$366 a tonne, up $3 from the last session, with the differentials narrowing 13 cents to 12 cents.
"Seeing heavy demand today, very busy, while many suppliers are striving to undercut each other," said a supplier.