- VLSFO premiums at Rotterdam port fell to a record low with high fuel oil resilient to bearish fundamentals in the global oil complex.
- The premium has descended to less than a tenth of the highs seen in January, reaching its lowest levels.
- The 0.5%S marine fuel has been seeing dampened demand in the Amsterdam-Rotterdam-Antwerp region.
- High sulfur fuel oil has been contending with limited supply, yet strong demand from the US and West Africa; local demand has also remained supportive.
The...