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The end-of-week daily global average for marine gas oil (MGO), the Bunker Index MGO (BIX MGO), rose for the third consecutive week in week 49, according to Bunker Index price data.

The BIX MGO ended the week at $580.67 per tonne - up $10.50, or 1.84 percent, on the $570.17-per-tonne price recorded on 2nd December. It is the highest end-of-week price in six weeks.

During the same seven-day period, the daily ICE Gasoil front-month settlement price dipped $2.00 per tonne, or 0.42 percent, to $473.00 per tonne. It is the first drop in four weeks.

Weekly averages

The global weekly MGO average rose $16.68, or 2.97 percent, to $577.55 per tonne in week 49, up from $560.87 per tonne seven days earlier. It is the highest average since the week ending 28th October 2016.

During the same period, the ICE Gasoil front-month settlement weekly average increased by $18.70, or 4.13 percent, to $471.20 per tonne. It is the highest weekly average in 14 months - since 9th October 2015.

The BIX MGO is the daily global average price for all MGO assessment prices published on the Bunker Index website.

Below are tables of recent end-of-week prices and weekly averages for the Bunker Index MGO (BIX MGO) and ICE Gasoil front-month settlement price.

End-of-week prices

Date	Week	Daily BIX MGO ($)	$ (+/-)	% (+/-)
09/12/2016	Week 49	580.67	+10.50	+1.84
02/12/2016	Week 48	570.17	+10.40	+1.86
25/11/2016	Week 47	559.77	+3.98	+0.72
18/11/2016	Week 46	555.79	-4.26	-0.76
11/11/2016	Week 45	560.05	-12.86	-2.24
04/11/2016	Week 44	572.91	-12.90	-2.20
28/10/2016	Week 43	585.81	-0.23	-0.04

Date	Week	Daily ICE Gasoil ($)	$ (+/-)	% (+/-)
09/12/2016	Week 49	473.00	-2.00	-0.42
02/12/2016	Week 48	475.00	+42.50	+9.83
25/11/2016	Week 47	432.50	+8.50	+2.00
18/11/2016	Week 46	424.00	+17.25	+4.24
11/11/2016	Week 45	406.75	-11.00	-2.63
04/11/2016	Week 44	417.75	-43.75	-9.48
28/10/2016	Week 43	461.50	-3.00	-0.65

Weekly averages

Week Ending	Week	BIX MGO Avg.($)	$ (+/-)	% (+/-)
09/12/2016	Week 49	577.55	+16.68	+2.97
02/12/2016	Week 48	560.87	+1.29	+0.23
25/11/2016	Week 47	559.58	+4.18	+0.75
18/11/2016	Week 46	555.40	-9.63	-1.70
11/11/2016	Week 45	565.03	-12.46	-2.16
04/11/2016	Week 44	577.49	-9.37	-1.60
28/10/2016	Week 43	586.86	+2.61	+0.45

Week From	Week	ICE Gasoil Avg. ($)	$ (+/-)	% (+/-)
09/12/2016	Week 49	471.20	+18.70	+4.13
02/12/2016	Week 48	452.50	+9.55	+2.16
25/11/2016	Week 47	442.95	+25.45	+6.10
18/11/2016	Week 46	417.50	+1.05	+0.25
11/11/2016	Week 45	416.45	-11.50	-2.69
04/11/2016	Week 44	427.95	-35.05	-7.57
28/10/2016	Week 43	463.00	-0.60	-0.13