Singapore Marine Fuel

High & Low Sulphur Fuels Expected To See Quieter Demands This Week

Both high sulfur and low sulfur bunker fuel markets are expected to see quieter demand in the week leading up to the Lunar New Year holidays in Singapore, market participants said, although the cargo markets have seen slightly diverging fundamentals, says an article published in S&P Global.

Production Rates

Lower production and a drawdown in stocks has led to a growing Asian marine fuel 0.5%S crack spread, although most LSFO producers have indicated an unwillingness to raise production rates.

High...

https://mfame.guru/high-low-sulphur-fuels-expected-to-see-quieter-demands-this-week/

[Watch] Cheaper Crudes and Freight Rates Recovery Drive Market Demand

  • Market demand continues to sustain buying interest for Asian high sulfur fuel oil.
  • Singapore Marine Fuel 0.5%S market has seen a revival of buying interest.
  • Singapore Marine Fuel 0.5%S August/September contango narrowed to minus $1.50/mt.
  • Singapore Marine Fuel 0.5% cargo assessment was assessed at $18.50/mt.
  • Zhoushan delivered marine fuel 0.5%S differential to the benchmark FOB Singapore Gasoil.
  • Singapore-delivered 380 CST bunker premium to Singapore 380 CST HSFO cargo assessments.
  • Market...

https://mfame.guru/watch-cheaper-crudes-and-freight-rates-recovery-drive-market-demand/

0.5% Marine Fuel Witnesses a Mixed Market Trend

  • Marine Fuel 0.5% market witnessed mixed sentiment on the first trading day.
  • Singapore Marine Fuel 0.5% swaps curve has progressively slipped deeper into contango.
  • The end-user Marine Fuel 0.5% bunker market remained supported.
  • It is due to a widening contango that led sellers to refrain from offering down to attract buying interest and hold on to oil instead.
  • A supply overhang coupled with lackluster demand has led the differential.
  • Mean of Platts Singapore Marine Fuel 0.5% assessments to dip...

https://mfame.guru/0-5-marine-fuel-witnesses-a-mixed-market-trend/