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MABUX: Irregular changes with no firm trend to prevail in Global bunker market on Nov.29.

MABUX World Bunker Index (as index calculated on current prices for 380 HSFO, VLSFO and MGO) showed a firm decline on Nov.28:

380 HSFO - USD/MT – 483.91 (-11.58)

VLSFO - USD/MT – 696.93 (-11.71)

MGO - USD/MT – 1 053.38 (-15.92)

As of November 29, the MABUX MBP/DBP Index (MDI) (comparison of market bunker prices vs. the MABUX digital bunker price benchmark) registered slight increase of underprice premium in the HSFO segment, still Rotterdam and Houston underpricing vs. Singapore and Fujairah overpricing in the VLSFO segment, and Singapore’s transition back to underprice zone in the MGO LS segment.

We expect Global bunker indices to change irregular with no firm trend on Nov.29: 380 HSFO – plus-minus 1-5 USD/MT, VLSFO –plus-minus 2-7 USD/MT, MGO LS – minus 5-25 USD/MT.