Since the announcement of the ceasefire in the Middle East on April 8, the global bunker market has entered a phase of temporary stabilization, accompanied by a moderate downward correction. “The market is stabilizing, but downward pressure remains dominant,” said Sergey Ivanov, Director, MABUX. By the end of the week, the 380 HSFO index declined […] The post Bunker market stabilizes as prices extend downward correction appeared first on Container News .