- Downstream competition pressures valuations
- UAE’s price discounts versus Singapore spreads widen
Term contractual ex-wharf 380 CST high sulfur fuel oil at the UAE’s bunker hub of Fujairah for August were inked at premiums of around $6-$8/mt to Mean of Platts Arab Gulf 180 CST HSFO assessments, traders said Aug. 6, as some sellers were keen to draw down stockpiles, reports SP Global.
Downstream competitionThe downstream competition in the UAE’s bunker market has put significant pressure on...
https://mfame.guru/intense-competition-drives-downstream-valuations-for-hsfo/