The average price of marine gas oil (MGO) at the port of
Singapore fell at a lower rate than the ICE Gas Oil average during the month of March, according to Bunker Index price data.
The ICE Gas Oil settlement average decreased by $19.35 per tonne, or 2.1 percent, to $901.85 per tonne in March. During the same period, the Singapore MGO average was down by $13 per tonne, or 1.42 percent, to $903 per tonne.
Between March 2013 and March 2014, the monthly MGO average in Singapore fell by $9 per tonne, or 0.99 percent, from $912 to $903 per tonne, whilst the ICE Gas Oil settlement average dropped by $11.84 per tonne, or 1.30 percent, from $913.69 to $901.85 per tonne.
Please find below tables of monthly ICE Gas Oil settlement averages and Singapore MGO averages between January 2012 and March 2014.
| Month | ICE Gas Oil ($/mt) | +/- | +/-(%) |
| Mar 2014 | 901.85 | -19.35 | -2.10 |
| Feb 2014 | 921.20 | +7.34 | +0.80 |
| Jan 2014 | 913.86 | -24.41 | -2.60 |
| Dec 2013 | 938.27 | +22.75 | +2.48 |
| Nov 2013 | 915.52 | -14.13 | -1.52 |
| Oct 2013 | 929.65 | -8.95 | -0.95 |
| Sep 2013 | 938.60 | +4.49 | +0.48 |
| Aug 2013 | 934.11 | +22.56 | +2.47 |
| Jul 2013 | 911.55 | +37.66 | +4.31 |
| Jun 2013 | 873.89 | +14.15 | +1.65 |
| May 2013 | 859.74 | -4.98 | -0.58 |
| Apr 2013 | 864.72 | -48.97 | -5.36 |
| Mar 2013 | 913.69 | -82.21 | -8.25 |
| Feb 2013 | 995.90 | +36.50 | +3.80 |
| Jan 2013 | 959.40 | +32.80 | +3.54 |
| Dec 2012 | 926.60 | -10.46 | -1.12 |
| Nov 2012 | 937.06 | -46.61 | -4.74 |
| Oct 2012 | 983.67 | -2.71 | -0.27 |
| Sep 2012 | 986.38 | +19.28 | +1.99 |
| Aug 2012 | 967.10 | +76.52 | +8.59 |
| Jul 2012 | 890.58 | +50.71 | +6.04 |
| Jun 2012 | 839.87 | -93.11 | -9.98 |
| May 2012 | 932.98 | -70.17 | -6.99 |
| Apr 2012 | 1003.15 | -21.07 | -2.06 |
| Mar 2012 | 1024.22 | +24.09 | +2.41 |
| Feb 2012 | 1000.13 | +46.46 | +4.87 |
| Jan 2012 | 953.67 | +28.28 | +3.06 |
| Month | Spore MGO ($/mt) | +/- | +/- (%) |
| Mar 2014 | 903 | -13.00 | -1.42 |
| Feb 2014 | 916 | +10.00 | +1.10 |
| Jan 2014 | 906 | -33.00 | -3.51 |
| Dec 2013 | 939 | +24.00 | +2.62 |
| Nov 2013 | 915 | -5.00 | -0.54 |
| Oct 2013 | 920 | +4.00 | +0.44 |
| Sep 2013 | 916 | -4.00 | -0.44 |
| Aug 2013 | 919 | +12.00 | +1.32 |
| Jul 2013 | 907 | +31.00 | +3.54 |
| Jun 2013 | 876 | +20.00 | +2.34 |
| May 2013 | 856 | -1.00 | -0.23 |
| Apr 2013 | 857 | -55.00 | -6.03 |
| Mar 2013 | 912 | -62.00 | -6.36 |
| Feb 2013 | 974 | +40.00 | +4.28 |
| Jan 2013 | 934 | +16.00 | +1.74 |
| Dec 2012 | 918 | -4.00 | -0.43 |
| Nov 2012 | 922 | -26.00 | -2.74 |
| Oct 2012 | 948 | -25.00 | -2.57 |
| Sep 2012 | 973 | +13.00 | +1.35 |
| Aug 2012 | 960 | +92.00 | +10.60 |
| Jul 2012 | 868 | +48.00 | +5.85 |
| Jun 2012 | 820 | -105.00 | -11.35 |
| May 2012 | 925 | -63.00 | -6.38 |
| Apr 2012 | 988 | -20.00 | -1.98 |
| Mar 2012 | 1008 | +24.00 | +2.44 |
| Feb 2012 | 984 | +29.00 | +3.04 |
| Jan 2012 | 955 | +35.00 | +3.80 |
