Asia’s high sulfur fuel oil (HSFO) market has experienced a surge, with refining margins reaching a 17-month high. Tightened supply and rising bunker demand have played a key role in driving the market upwards, although challenges such as weaker Chinese feedstock demand and the impact of new sanctions remain in focus.
Key Highlights- Refining Margins Surge:
- Asia’s HSFO refining margins have spiked due to limited availability and expectations of tighter supplies following US sanctions on Russia’s...
https://mfame.guru/tightening-supply-drives-surge-in-asias-hsfo-cracks/