Crack conundrum

Published at 09:42 25 Aug 2017 by

For much of the summer, the main worry for the fuel oil market has been the supply response due to surging fuel oil cracks. Asian fuel oil supplies likely grew y/y in July by 44 thousand b/d, as refiners raised yields, but regional demand grew even faster, by 54 thousand b/d, as bunker demand in Sin..

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