Marine Gas Oil (MGO)

Prices of marine gas oil are affected by a number of variables.

As with all oil products it has an international price base set in US dollars so currency exchange fluctuation has a bearing on local rates. Rates quoted here is London Interbank for the date shown.

DATE € euro  $ USD  £ GBP  Norge Krone Dansk Krone Islandic Krone
25.10.2005 1 1.1980 0.6772 7.82025 7.45945 72.0387
25.11.2004 1 1.2933 0.6991 8.1096 7.4317 87.0940

Even without this variable oil is a commodity with great price elasticity. It is subject to local supply factors as well as global market forces and the prices herein are to be taken as guides not absolutes.

Rotterdam spot market leads prices across Europe irrespective of the refining or supply point. 

            

 
€    460.77  €