A feared second wave of coronavirus infections may have arrived, according to MABUX, with cases rising in many parts of the US, while exploding much more rapidly in Latin America. In China, a small number of new cases raised fears of a return of the virus.
“With much of the market pricing in a steady rebound in demand, any renewed lockdown or economic hit may drag fuel prices back down,” commented a MABUX spokesperson.
However, global bunker prices remained steady last week while a short decline...
https://container-news.com/a-second-coronavirus-wave-could-demolish-fuel-prices/