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Latest Reports and Analysis

Latest Analysis / Short-term Global Oil Service

Fuel Oil Foresights #132 - Will Singapore bunker sales continue their record-breaking streak in 2024

Published: 19 January, 2024

Highlights:

Market Update – Will Singapore bunker sales continue their record-breaking streak in 2024?

Marine fuel sales in Singapore, the world’s largest bunkering hub, rose by 8.2% y-o-y in 2023 to 51.8 mmt. In fact, 2023 sales surpassed the previous record of 50.6 mmt in 2017.
HSFO sales posted the ...

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Previous Issues

April 18, 2024

Fuel Oil Foresights #138 - VLSFO cracks to rise as exports from Al-Zour dry up, but downside risks loom

April 4, 2024

Fuel Oil Foresights #137 - Bullish outlook for VLSFO relative to the forward curve but bearish for HSFO in May-July

March 21, 2024

Fuel Oil Foresights #136 - We are more bearish than the forward curve for HSFO in May to July

March 7, 2024

Fuel Oil Foresights #135 - Downside expected for VLSFO cracks in April before a rebound in May

February 20, 2024

Fuel Oil Foresights #134 - We remain more bearish than the forward curve for VLSFO in March and April

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