The Asian low-sulfur fuel oil market is expected to face challenges in 2025 due to oversupply and increased competition from scrubber-fitted ships, reports S&P Global.
Increased SupplyIncreased supplies of finished products, particularly low sulfur straight run (LSSR) fuel oil and crude blends, from the Middle East and West Africa are expected to significantly boost LSFO inventories in Asia. This influx, combined with regional supplies and arbitrage flows from Europe, will likely lead to a...
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