Residual Fuel Sales To Stay Strong Amid Tightening Supply

Capt. John

Strong sales in the Singapore low sulfur bunker fuel market seen in the week ended July 30 are likely to continue into first-half August, as margins inch higher on the back of tightening supply in August, reports Platts.

Marine fuel 0.5% sulphur

– Traders expect the Singapore Marine Fuel 0.5%S cash differential to remain in positive territory this week as arbitrage cargoes in August are estimated at 1.5 million-2 million mt, down from 2 million-2.5 million mt in July, as the price spreads between...

https://mfame.guru/residual-fuel-sales-to-stay-strong-amid-tightening-supply/

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