VLSFO Demand Outshines Other Refinery Products in Asian Market

Capt. John
  • Refiners cut output on weak jet fuel demand; tighten VLSFO supply
  • Ship fuel demand at most ports above pre-COVID levels – trader
  • Refiners reap most profit from VLSFO vs other refined products

According to a Reuters report, asian refiners’ profit from producing very low sulphur fuel oil (VLSFO) climbed to six-month highs this week as output cuts keep supplies tight while demand for the shipping fuel at most ports are back at pre-pandemic levels, traders and analysts said.

VLSFO on Priority

The...

https://mfame.guru/vlsfo-demand-outshines-other-refinery-products-in-asian-market/

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