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The price of 380 centistoke (cSt) intermediate fuel oil (IFO) at the port of Singapore recorded a week-on-week rise on Thursday, according to Bunker Index price data, with the trading week ending one day early due to the Christmas Day holiday.

The Singapore 380 cSt bunker price was up just $0.50, or 0.3 percent, to $166.00 per tonne on December 24, compared with $165.00 per tonne on December 18. It is the first week-on-week increase in the last four weeks.

Daily decreases of $5.50 and $4.00 - recorded on Monday and Wednesday respectively - were outweighed by price rises of $3.50 and $6.50, seen on Tuesday and Thursday. The increases were the first since December 10 and follow a period of 8 successive daily increments between December 11 and December 21.

The $0.50 (0.3 percent) price change in week 52 is the least significant in 17 weeks - since the week ending August 28.

So far during the month of December, the 380 cSt price in Singapore has only risen in 4 days out of 18 during a sustained period of price drops. Since November 30, 380 cSt has plummeted $51.50, or 23.7 percent, from $217.50 to $166.00.

Please click on the link below to view the latest daily prices for Singapore.

http://www.bunkerindex.com/prices/portfreels_xmdo.php?port_id=682

Please find a summary of end-of-week Singapore 380 cSt prices below (in US$ per tonne) since the start of the year.

Singapore 380 cSt summary:

Date	Week	Price ($)	$ (+/-)	% (+/-)
24/12/2015	Week 52	166.00	+0.50	+0.3
18/12/2015	Week 51	165.50	-19.00	-10.3
11/12/2015	Week 50	184.50	-20.50	-10.0
04/12/2015	Week 49	205.00	-13.50	-6.2
27/11/2015	Week 48	218.50	+3.00	+1.4
20/11/2015	Week 47	215.50	-5.50	-2.5
13/11/2015	Week 46	221.00	-15.50	-6.6
06/11/2015	Week 45	236.50	-1.50	-0.6
30/10/2015	Week 44	238.00	+4.50	+1.9
23/10/2015	Week 43	233.50	-5.00	-2.1
16/10/2015	Week 42	238.50	-15.00	-5.9
09/10/2015	Week 41	253.50	+24.50	+10.7
02/10/2015	Week 40	229.00	-4.00	-1.7
25/09/2015	Week 39	233.00	-2.50	-1.1
18/09/2015	Week 38	235.50	+4.50	+1.9
11/09/2015	Week 37	231.00	-22.50	-8.9
04/09/2015	Week 36	253.50	+23.00	+10.0
28/08/2015	Week 35	230.50	-0.50	-0.2
21/08/2015	Week 34	231.00	-25.50	-9.9
14/08/2015	Week 33	256.50	-7.50	-2.8
07/08/2015	Week 32	264.00	-17.50	-6.2
31/07/2015	Week 31	281.50	-14.00	-4.7
24/07/2015	Week 30	295.50	-10.50	-3.4
17/07/2015	Week 29	306.00	-14.00	-4.4
10/07/2015	Week 28	320.00	-10.50	-3.2
03/07/2015	Week 27	330.50	-7.50	-2.2
26/06/2015	Week 26	338.00	-18.50	-5.2
19/06/2015	Week 25	356.50	-6.50	-1.8
12/06/2015	Week 24	363.00	+10.00	+2.8
05/06/2015	Week 23	353.00	-13.50	-3.7
29/05/2015	Week 22	366.50	-10.00	-2.7
22/05/2015	Week 21	376.50	0.00	0.0
15/05/2015	Week 20	376.50	-4.50	-1.2
08/05/2015	Week 19	381.00	+14.00	+3.8
01/05/2015	Week 18	367.00	+10.50	+2.9
24/04/2015	Week 17	356.50	+10.00	+2.9
17/04/2015	Week 16	346.50	+25.50	+7.9
10/04/2015	Week 15	321.00	+1.00	+0.3
03/04/2015	Week 14	320.00	-4.00	-1.2
27/03/2015	Week 13	324.00	+20.50	+6.8
20/03/2015	Week 12	303.50	-20.50	-6.3
13/03/2015	Week 11	324.00	-19.50	-5.7
06/03/2015	Week 10	343.50	-11.50	-3.2
27/02/2015	Week 9	355.00	-21.00	-5.6
20/02/2015	Week 8	376.00	+11.00	+3.0
13/02/2015	Week 7	365.00	+16.00	+4.6
06/02/2015	Week 6	349.00	+64.50	+22.7
30/01/2015	Week 5	284.50	-2.00	-0.7
23/01/2015	Week 4	286.50	+11.00	+4.0
16/01/2015	Week 3	275.50	-10.50	-3.7
09/01/2015	Week 2	286.00	-30.50	-9.6
02/01/2015	Week 1	316.50	--	--