Spot premiums of Australia’s Vincent crude have reached record levels for January-loading cargoes on the back of a stronger marine fuel low sulfur market, market sources said. Vincent crude, which has an API gravity of 18-19, was heard to have traded at premiums of between $8.50-$9/b to Platts Dated Brent crude assessments, FOB for January-loading …
The post Australia’s Vincent crude touches record premiums on firm LSFO market first appeared on Hellenic Shipping News Worldwide.
Author: Capt....