Straight, no chaser

Published at 09:48 22 Nov 2019 by

Liquidity in the spot VLSFO market is picking up. Spot VLSFO sales in Singapore now roughly equal demand seen for HSFO in H1 19, adding to evidence that 2020’s MGO demand will come in lower than expected. As the world prepares for some 1.5–2.0 mb/d of VLSFO demand, the market is paying high prices f…

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