Covid-19 developments provokes fuel market volatility

The Covid-19 pandemic’s spread is taking centre stage again and markets are getting increasingly worried about the long duration of the European lockdown as well as the new restrictions in China, according to the weekly report from Marine Bunker Exchange (MABUX).

Border closures, social distancing measures and shutdowns will continue to constrain fuel demand until vaccines are more widely distributed, said the member of the International Bunker Industry Association (IBIA).

In particular, the...

https://container-news.com/covid-19-developments-provokes-fuel-market-volatility/

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