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    Latest Analysis / Short-term Global Oil Service

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

    Published: 21 March, 2024

    Highlights:

    Market Update – We are more bearish than the forward curve for HSFO in May to July
    • Singapore HSFO cracks strengthened m-o-m in March to date on the back of deeper crude output cuts by Russia and drone strikes on Russian refineries, but should ease slightly in April amid increased availability ...

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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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