US Gulf coast heating oil prices have sunk to deep discounts to an intermediate grade for which it can potentially substitute. But prices are not rebalancing based on interchangeability, because refiners are focused on cutting gasoline production.
News ID: 9269 Publish Date : 2020/04/29
Uncertainty around supply and specifications for 0.5pc sulphur residual fuel oil may drive some shipowners to use 0.1pc sulphur marine gasoil (MGO) to meet new fuel rules, but MGO's traditional premium will likely continue to put it at a disadvantage.
News ID: 8109 Publish Date : 2019/12/27
Singapore port's total sales of marine fuels in November rose against a year earlier for the first time this year to 4.08mn t.
News ID: 7993 Publish Date : 2019/12/17
The price of delivered 0.5pc low-sulphur fuel oil ( LSFO ) in Singapore has risen to a premium to 0.1pc low-sulphur marine gasoil (LSMGO) since 6 December, according to Argus data.
News ID: 7924 Publish Date : 2019/12/12
Argentinian residual fuel oil bunker sales rose by 39 percent in the first nine months of the year, supported by the pending global low sulphur marine fuel regulation.
News ID: 7801 Publish Date : 2019/12/06
Spot supplies of high-sulphur fuel oil (HSFO) and low-sulphur fuel oil ( LSFO ) are drying up in Singapore as more buyers turn to term contracts ahead of the global implementation of the IMO 2020 sulphur cap.
News ID: 7382 Publish Date : 2019/11/12
Sales of marine fuels from Singapore port in September totalled 3.9mn t, up by 230,000t from August but down by 214,000t from September last year.
News ID: 6669 Publish Date : 2019/10/16