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Latest Analysis / Short-term Global Oil Service

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

Published: 4 September, 2024

Highlights:

Market Fundamentals – Near-term strength in VLSFO market unlikely to persist with more inflows expected ahead
  • Singapore VLSFO cracks have soared since 2H August amid concerns around Chinese refiners’ depleting VLSFO export quotas. Lower-than-expected volume for the new batch of quotas ...

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