Tue 1 Sep 2015, 12:13 GMT

Fujairah 380 cSt average plummets to six-year low


Lowest monthly average since March 2009 at the Middle East's leading bunker port.



The average price of 380 centistoke (cSt) fuel oil in Fujairah decreased by $57, or 18.5 percent, during the month of August, according to Bunker Index price data.

The 380 cSt average at the Middle East's leading bunker port fell to $251 per tonne, down from $308 per tonne in July, during a month that saw Fujairah's best-selling fuel grade record an $88 low-to-high price range of $197 to $285 per tonne.

The $251-per-tonne average is the lowest since March 2009 and the second-lowest since December 2008. The $57 drop is the most significant since January.

Please find a table below outlining average monthly Fujairah 380 cSt prices between April 2008 and August 2015.

Month Average ($/mt) Low High
Aug 15 251 197.00 285.00
Jul 15 308 284.00 343.00
Jun 15 349 322.00 385.00
May 15 381 364.00 410.00
Apr 15 340 310.00 366.00
Mar 15 334 298.00 385.00
Feb 15 357 300.00 395.00
Jan 15 287 260.00 320.00
Dec 14 361 305.00 430.00
Nov 14 460 417.00 484.00
Oct 14 507 457.00 570.00
Sep 14 588 565.00 610.00
Aug 14 597 580.00 612.00
Jul 14 604 587.00 630.00
Jun 14 610 594.00 625.00
May 14 596 585.00 610.00
Apr 14 594 586.00 603.00
Mar 14 602 592.00 620.00
Feb 14 609 598.00 616.00
Jan 14 617 605.00 626.00
Dec 13 610 600.00 620.00
Nov 13 617 610.00 630.00
Oct 13 614 602.00 625.00
Sep 13 606 598.50 615.00
Aug 13 599 588.00 621.00
Jul 13 591 585.00 605.00
Jun 13 609 580.00 630.00
May 13 610 595.00 632.00
Apr 13 617 597.00 645.00
Mar 13 633 620.00 644.00
Feb 13 651 639.00 661.00
Jan 13 621 604.00 637.00
Dec 12 602 595.00 609.00
Nov 12 606 592.00 618.00
Oct 12 638 616.00 655.00
Sep 12 675 643.00 702.00
Aug 12 668 633.00 691.00
Jul 12 614 588.00 641.00
Jun 12 595 568.00 627.00
May 12 679 642.00 730.00
Apr 12 724 711.00 741.00
Mar 12 741 731.00 754.00
Feb 12 732 708.00 755.00
Jan 12 722 694.00 732.00
Dec 11 677 654.00 693.00
Nov 11 687 658.00 716.00
Oct 11 659 629.00 685.00
Sep 11 654 630.00 675.00
Aug 11 666 640.00 699.00
Jul 11 672 639.00 697.00
Jun 11 650 624.00 675.00
May 11 646 619.00 685.00
Apr 11 676 655.00 688.00
Mar 11 635 616.00 648.00
Feb 11 621 575.00 665.00
Jan 11 540 517.00 574.00
Dec 10 503 488.00 514.00
Nov 10 487 468.00 510.00
Oct 10 472 460.00 483.00
Sep 10 443 436.00 455.00
Aug 10 452 434.50 475.00
Jul 10 440 418.00 456.00
Jun 10 441 428.00 456.00
May 10 460 419.00 500.00
Apr 10 482 466.00 500.00
Mar 10 466 453.00 482.00
Feb 10 458 437.50 477.00
Jan 10 479 453.00 507.00
Dec 09 461 440.00 486.00
Nov 09 463 446.50 473.00
Oct 09 442 418.00 462.00
Sep 09 432 414.00 448.00
Aug 09 443 426.00 462.00
Jul 09 405 378.00 434.00
Jun 09 405 392.00 421.00
May 09 342 292.00 385.00
Apr 09 287 252.00 303.00
Mar 09 242 225.00 269.00
Feb 09 256 239.00 275.00
Jan 09 257 229.00 278.00
Dec 08 224 208.00 255.00
Nov 08 240 208.00 288.00
Oct 08 407 281.00 557.00
Sep 08 597 514.00 709.00
Aug 08 688 635.00 734.00
Jul 08 719 675.00 765.00
Jun 08 628 561.00 686.00
May 08 585 540.00 640.00
Apr 08 530 500.00 556.00


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