Singapore bunker prices rose on Friday, as its differential to fuel oil cargoes remained in discount for a third-straight session. Prices for the 380-centistoke (cst) grade were pegged at $392-$394 a tonne, up $4 from the previous session, while differentials slipped 15 cents to a discount of minus $1.85 as buyers shied away from rising prices.
"In the short-term prices are being supported by tight supplies and robust crude futures are not helping matters, demand is not brilliant," said a supplier.