The market is assessing the stalled recovery in fuel demand as countries continue to battle the coronavirus pandemic with rolling Covid-19 lockdowns.
This has created uncertainty about whether demand for transportation fuels will ever return to normal.
The World Bunker Index MABUX was steady with no any firm trend for a week. The 380 HSFO index fell to US$292.30/ mt, VLSFO stayed at the level of US$340 while MGO lost US$4.32, reaching US$406.79/mt.
The global scrubber spread (the price difference...
https://container-news.com/coronavirus-development-determines-fuel-price-trend/