Tue 14 Apr 2009, 14:16 GMT

Bunker Index launches MGO Index (Press Release)


Average Global Bunker Price (AGBP) for marine gasoil (MGO) is launched.



Bunker Index is pleased to announce the launch of the MGO Index (AGBP), the new global pricing benchmark for marine gasoil (MGO).

Launched today, the MGO Index (AGBP) is calculated as the Average Global Bunker Price (AGBP) for MGO 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 MGO 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: MGO Index Price Summary to subscribers only.

For a full list of the ports covered by the MGO 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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