Singapore’s LSFO downstream premiums capped, competition to intensify in March

Capt. John

Lackluster downstream low sulfur fuel oil demand in Singapore — the world’s largest bunkering hub — has persistently pressured delivered premiums amid competition, but is likely to stiffen in the near term, gradually narrowing suppliers’ margins, traders said March 19. Despite the bleak downstream...

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/031924-singapores-lsfo-downstream-premiums-capped-competition-to-intensify-in-march

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