USGC marine fuel reached its highest level in nearly a year January 7 on a rebound in the underlying crude complex along with limited blending components, reports Platts.
US marine fuels climb highUSGC marine fuel 0.5%S was assessed at $401/mt, its highest since February 25 when it was assessed at $403.25/mt, S&P Global Platts data showed. Much of this outright price rebound has stemmed from a similar increase in crude that took hold in November.
On November 6 the ICE front-month Brent futures...
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