Latest Analysis /
Short-term Global Oil Service
Residual Fuel Oil Report #45 22nd May 2020
Published: 22 May, 2020
Global bunker demand dropped by an estimated 335 kb/d y-o-y in 1Q. The story was mixed across various ports.
Major bunker hubs, namely Singapore, Panama and Fujairah showed strong growth in 1Q, but ports in the US as well as Hong Kong have recently seen declines.
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