05FEB2018 - NEWS - Rise in Marine Fuel (Bunker) prices noticed during Week 4

According to livebunkers average Bunker Prices (FO380cst) at global hub Singapore and Fujairah during week 4 were $393.70 and $388.70. Rise in marine fuel (Bunker) prices was noticed due to the decrement in US crude oil inventories and also supported by the OPEC and members led supply cuts.