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Tue 14 Apr 2009, 13:59 GMT

Bunker Index launches IFO 380 Index (Press Release)


Average Global Bunker Price (AGBP) for 380-centistoke fuel is launched.

Bunker Index is pleased to announce the launch of the IFO 380 Index (AGBP), the new global pricing benchmark for 380-centistoke (cst) marine fuel.

Launched today, the IFO 380 Index (AGBP) is calculated as the Average Global Bunker Price (AGBP) for 380-centistoke fuel at all ports published on the Bunker Index website. The price will be published on a daily basis at the following times:

16:00 GMT (Greenwich Mean Time) / UCT/UTC (Universal Coordinated Time)
17:00 BST (British Summer Time) / WET (Western European Time)
18:00 CET (Central European Time)
19:00 EET (Eastern European Time)
11:00 EST (Eastern Standard Time)
08:00 PST (Pacific Standard Time)

The latest IFO 380 Index prices will be posted on the home page of Bunker Index for both subscribers and non-subcribers with a full summary available at the following location: IFO 380 Index Price Summary to subscribers only.

For a full list of the ports covered by the IFO 380 Index Service, please click on the following regional links: Africa ¦ Asia ¦ Latin America ¦ Middle East ¦ North America ¦ North Europe ¦ South Europe.

Further details regarding the Bunker Index price methodology are available at the following location: Price Methodology.

Please contact us on +44 1695 571 540 or email us at feedback@bunkerindex.com for enquiries regarding the Bunker Index Subscription Service. Details are also available at the following address: www.bunkerindex.com/subscribe.php

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