Singapore’s LSFO bunker market faces headwind amid buoyed stockpiles

Capt. John

Higher inflows of low sulfur fuel oil were met with lagging demand at the world’s largest bunker hub of Singapore, fueling a gloomier outlook to dent valuations in both the upstream and downstream markets, traders said Feb. 27. The Platts Singapore-delivered marine fuel 0.5%S bunker premiums over...

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/022723-singapores-lsfo-bunker-market-faces-headwind-amid-buoyed-stockpiles

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