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The average price of 380 centistoke (cSt) intermediate fuel oil (IFO) in Fujairah rose to its highest level in three months in March, according to Bunker Index price data.

The monthly 380 cSt average at the Middle East's leading bunker port was up $17, or 11.1 percent, to $170 per tonne, during a month that saw Fujairah's best-selling fuel grade record a $43 low-to-high price differential with a range of $142 to $185 per tonne.

The $17 increase is only the third since May 2015, and it is the most significant during this 10-month period.

The month ended with an assessment price of $172.50 per tonne, up $23.50, or 15.8 percent, on the $149.00 per tonne recorded on the last trading day of February.

A full summary of current and historical prices in Fujairah can be found by clicking on the following link:

http://www.bunkerindex.com/prices/portfree_xmdo.php?port_id=214

Please find tables below outlining average monthly Fujairah 380 cSt prices between January 2015 and March 2016, and end-of-month prices since December 2015.

Month	Average ($/mt)	Low	High
Mar 16	170	142.00	185.00
Feb 16	153	137.00	175.00
Jan 16	148	122.00	176.00
Dec 15	176	150.00	220.00
Nov 15	225	202.00	248.00
Oct 15	243	225.00	280.00
Sep 15	237	220.00	270.00
Aug 15	251	197.00	285.00
Jul 15	308	284.00	343.00
Jun 15	349	322.00	385.00
May 15	381	364.00	410.00
Apr 15	340	310.00	366.00
Mar 15	334	298.00	385.00
Feb 15	357	300.00	395.00
Jan 15	287	260.00	320.00

Date	Price ($/mt)	Day's Low	Day's High
Mar 31, 2016	172.50	170.00	175.00
Feb 29, 2016	149.00	148.00	150.00
Jan 29, 2016	166.50	158.00	175.00
Dec 31, 2015	159.00	153.00	165.00