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Thu 10 May 2012, 15:44 GMT

Singapore MGO vs ICE Gas Oil


Analysis of Singapore marine gas oil and ICE Gas Oil prices.

The average price of marine gas oil (MGO) at the port of Singapore declined at a slightly slower rate than ICE Gas Oil in April 2012, according to Bunker Index price data.

The ICE Gas Oil settlement average fell by $21.07 per tonne, or 2.06 percent, in the month of April. During the same period, the Singapore MGO average decreased by $20.00 per tonne, or 1.98 percent, to $988 per tonne.

Please find below tables of monthly ICE Gas Oil settlement averages and Singapore MGO averages between January and April 2012.

Month ICE Gas Oil ($/mt) +/- +/-(%)
Apr 2012 1003.15 -21.07 -2.06
Mar 2012 1024.22 +24.09 +2.41
Feb 2012 1000.13 +46.46 +4.87
Jan 2012 953.67 +28.28 +3.06


MonthSpore MGO ($/mt)+/-+- (%)
Apr 2012988 -20.00 -1.98
Mar 20121008 +24.00 +2.44
Feb 2012984 +29.00 +3.04
Jan 2012955 +35.00 +3.80

MGO   Singapore  Singapore (SG) 
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