Asia’s spot market for high sulphur fuel oil (HSFO) firmed on Wednesday, a day after Saudi Arabia and Russia said they would extend voluntary oil cuts to the end of the year. Saudi Arabia’s crude supply cuts usually have a bullish impact on the HSFO market as the cuts are typically on heavy crude...
https://www.hellenicshippingnews.com/asia-fuel-oil-hsfo-rebounds-saudi-extends-oil-cuts-to-year-end/