On a global basis VLSFO fell by US$5/tonne and MGO increased slightly by US$0.39/tonne. Regionally Asia & Oceania saw the biggest decline in the blended low sulphur fuel of US$19.00 and US$20.00 for the distillate. On the other side, North Europe saw the biggest increase of US$9.50 and US$15.75 for VLSFO and MGO respectively. South Europe and South America were the only regions to remain stable in VLSFO. South Amercia remained also stable in MGO.
At the same time, the largest regional fall for 380 HFO was US$17/tonne for Asia & Oceania. In the opposite direction, Africa & Middle East was the region to record the largest gain for 380 HFO (US$10), while the overall, globally, was modest decline US$0.50.