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The daily average for 380 centistoke (cSt) intermediate fuel oil (IFO) in Singapore recorded its highest end-of-week price of the year on Friday.

Singapore 380 cSt ended week 49 at $323.50 per tonne, up $15.00, or 4.9 percent, on the figure recorded seven days earlier.

Friday's price was the highest end-of-week figure since 3rd July 2015 ($330.5 per tonne). It is the fourth week-on-week rise in a row.

Meanwhile, the weekly Singapore 380 cSt average increased by $26.00, or 8.8 percent, to $321.30 per tonne, up from $295.30 per tonne the previous week. The $321.30-per-tonne average is the highest since the week ending 3rd July 2015 ($335.50 per tonne).

Below are tables of recent end-of-week daily Singapore 380 cSt prices and weekly Singapore 380 cSt averages.

End-of-week prices

Date	Week	Daily Spore 380 ($)	$ (+/-)	% (+/-)
09/12/2016	Week 49	323.50	+15.00	+4.86
02/12/2016	Week 48	308.50	+18.50	+6.38
25/11/2016	Week 47	290.00	+17.50	+6.42
18/11/2016	Week 46	272.50	+5.50	+2.06
11/11/2016	Week 45	267.00	-2.50	-0.93
04/11/2016	Week 44	269.50	-12.00	-4.26
28/10/2016	Week 43	281.50	-4.00	-1.40

Weekly averages

Week Ending	Week	Spore 380 Avg. ($)	$ (+/-)	% (+/-)
09/12/2016	Week 49	321.30	+26.00	+8.80
02/12/2016	Week 48	295.30	+6.00	+2.07
25/11/2016	Week 47	289.30	+21.70	+8.11
18/11/2016	Week 46	267.60	-2.60	-0.96
11/11/2016	Week 45	270.20	-1.70	-0.63
04/11/2016	Week 44	271.90	-13.40	-4.70
28/10/2016	Week 43	285.30	+0.40	+0.14