An unexpected outage in the week started March 7 at German energy trader Uniper’s Fujairah-based crude processing unit has crimped product availability, sending the premium for marine fuel 0.5%S bunker delivered at the port to a 49-week high on March 12, reports S&P Global Platts.
What Happened?“[The unit] has been stopped since last few days. [Uniper] is currently depleting its available stocks,” said a Dubai-based source close to the company and familiar with the matter.
The premium for...
https://mfame.guru/premium-for-marine-fuel-0-5s-bunker-delivered-49-week-high/