You know the price of the gasoline you buy. The price of bunker fuel, which is what ships burn in their engines, is important for the global movement of cargo. A very large percentage of all the goods sold in the US are made overseas and carried to our shores in cargo ships. Keeping an eye on the price of bunker fuel gives a peek into the health of the global movement of goods. Bunkerworld is a website which keeps you informed up to the moment on developments in bunker fuel prices. We see that lately the price has been going up.
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