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Short-term Global Oil Service
Fuel Oil Foresights #94 - Will tightness in the VLSFO market persist?
Published: 17 June, 2022
Highlights:
Market Feature – Will tightness in the VLSFO market persist?
- The VLSFO market has had a strong showing in 2Q 2022. Singapore VLSFO cracks reached an all-time high of US$35.8/bbl on 9 June before easing to US$27.7/bbl currently. This was due to multiple supply-side pressures, namely blendstocks ...
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