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Latest Reports and Analysis

Latest Analysis / Short-term Global Oil Service

Fuel Oil Foresights #146 - VLSFO market to face downward pressure in coming months from Al-Zour, Dangote, and Europe

Published: 21 August, 2024

Highlights:

Market Update – VLSFO market to face downward pressure in coming months from Al-Zour, Dangote, and Europe

Singapore VLSFO cracks rose m-o-m to average US$6/bbl in August to date amid tight barge availability earlier this month. VLSFO bunker prices are also lower, which could have encouraged ...

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Previous Issues

October 2, 2024

Fuel Oil Foresights #149 - Strength in VLSFO eases, but watch out for Dangote and tight Chinese VLSFO export quotas

September 19, 2024

Fuel Oil Foresights #148 - What will be the impact of the Mediterranean Sea becoming an ECA

September 4, 2024

Fuel Oil Foresights #147 - Near-term strength in VLSFO market unlikely to persist with more inflows expected ahead

August 21, 2024

Fuel Oil Foresights #146 - VLSFO market to face downward pressure in coming months from Al-Zour, Dangote, and Europe

August 6, 2024

Fuel Oil Foresights #145 - We are more optimistic than the forward curve for the Hi-5 spread in September-November

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