- VLSFO is likely to see increased supply in 2021.
- Mostly firm sentiment for 3.5%S fuel oil.
- Oil inventories to weigh on tanker demand.
- Bullish streak in containers should last into Q1.
Very low sulfur fuel, which was a key source of support for refiners in 2020, is likely to see increased supply in 2021, as other transport fuels return to pride of place in the refining slate, reports Platts.
This may prove a boon to the shipping sector which faces choppy waters in 2021.
Oil output to soarThe...
https://mfame.guru/bunkers-to-face-optimistic-2021-amid-boost-in-vlsfo-supply/