Bloomberg

Top Ship-Oil Hub Needs More Than Mideast Flow to Ease Crunch

Published 23:00 19th Aug 2018.

Nevyn Nah discusses tight bunker supplies in Singapore

“Bunker supplies are genuinely tight,” said Nevyn Nah, a Singapore-based analyst at Energy Aspects Ltd. “Fuel oil may weaken a little on higher supplies from the Mideast once cooling demand falls next month.” Still, backwardation may only ease slightly after reaching as much as $9 last month, he said."

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