Scarce HSFO Highlights Disconnect From Bunker Fuel Market


Limited availability of high sulphur fuel oil in Northwest Europe has kept the barge market in the region backwardated, while weak buying interest for bunkers has shown up a disconnect between the two markets, reports Seanews.

Availability of fuel oil in Northwest European has been scarce on a plethora of factors including an active arbitrage to Asia, refinery maintenance and refinery upgrades, and this has been reflected by the backwardated spreads.

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Source: Seanews


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