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The average monthly price of 380 centistoke (cSt) fuel oil in Singapore fell for the fourth successive month in October, according to Bunker Index price data.

The 380 cSt average at the world's leading bunker port decreased by $76, or 13.2 percent, to $498 per tonne last month, down from $574 per tonne in September. It is the first time that the price has fallen below $500 per tonne since December 2010, when $498 was also registered as the monthly average.

The $76 drop also represents the most significant decline since June 2012, when the month-on-month fall in price was $80.

October saw Singapore's best-selling fuel grade record a $98.50 daily low-high price range of $459.50 to $558 per tonne - the biggest since the $106 differential recorded in February 2011.

Please find a table below outlining average monthly Singapore 380 cSt prices between April 2008 and October 2014.

Month	Average($/mt)	Low	High
Oct 14	498	459.50	558.00
Sep 14	574	556.00	596.00
Aug 14	591	582.00	602.00
Jul 14	596	586.00	613.00
Jun 14	607	590.00	623.00
May 14	592	581.00	605.00
Apr 14	587	577.00	594.00
Mar 14	596	590.00	616.00
Feb 14	612	598.50	630.00
Jan 14	606	595.00	635.00
Dec 13	606	598.00	621.00
Nov 13	602	593.50	617.00
Oct 13	611	600.00	625.00
Sep 13	599	585.00	615.00
Aug 13	600	588.00	612.00
Jul 13	593	582.00	604.00
Jun 13	596	570.00	615.00
May 13	603	590.00	622.00
Apr 13	610	585.00	639.00
Mar 13	628	617.00	641.00
Feb 13	646	626.00	663.00
Jan 13	625	605.00	639.00
Dec 12	599	587.00	610.00
Nov 12	603	586.00	616.00
Oct 12	637	613.50	656.00
Sep 12	670	628.00	699.00
Aug 12	658	623.00	685.00
Jul 12	607	584.00	632.00
Jun 12	583	560.00	610.00
May 12	663	619.00	720.00
Apr 12	715	705.00	734.00
Mar 12	727	718.00	740.00
Feb 12	725	710.00	739.00
Jan 12	722	689.00	737.00
Dec 11	661	625.00	684.00
Nov 11	682	655.00	713.00
Oct 11	660	625.00	690.00
Sep 11	644	620.00	669.00
Aug 11	645	623.00	684.00
July 11	659	632.00	681.00
June 11	647	620.00	677.00
May 11	633	608.00	670.00
Apr 11	669	650.00	685.00
Mar 11	633	622.00	645.00
Feb 11	606	562.00	668.00
Jan 11	534	507.00	560.00
Dec 10	498	492.00	506.00
Nov 10	482	462.00	508.00
Oct 10	462	451.00	473.00
Sep 10	436	429.00	448.00
Aug 10	441	422.00	465.00
Jul 10	434	412.00	450.00
Jun 10	435	418.00	450.00
May 10	452	406.00	498.00
Apr 10	480	458.00	497.00
Mar 10	459	447.00	473.00
Feb 10	456	434.00	473.00
Jan 10	481	455.00	508.00
Dec 09	463	438.00	490.00
Nov 09	464	447.00	477.00
Oct 09	440	412.00	465.00
Sep 09	426	408.00	442.00
Aug 09	437	418.00	452.00
Jul 09	407	381.00	437.00
Jun 09	398	385.50	422.00
May 09	343	294.00	382.00
Apr 09	289	256.00	308.00
Mar 09	244	225.00	272.00
Feb 09	257	235.00	278.00
Jan 09	258	235.00	288.00
Dec 08	232	214.00	260.00
Nov 08	235	205.00	295.00
Oct 08	406	268.00	575.00
Sep 08	610	530.00	714.00
Aug 08	671	617.00	728.00
Jul 08	718	665.00	763.00
Jun 08	629	573.00	681.00
May 08	580	524.00	635.00
Apr 08	523	491.00	545.00