Asia’s low sulfur fuel oil refining margin plunged to its weakest in three months Nov. 2, weighed down by expectations of increasing regional supplies amid lackluster bunkering demand.
Asia’s low sulfur fuel oil refining margins have plunged to their weakest level
in 2.5 years, weighed down by expectations for abundant supplies in coming weeks
as higher volumes of arbitrage cargoes
Russian barrels, Middle Eastern supplies may keep market long Declining utility demand in South Asia Downstream sales growth expected, margins pressured The Asian high sulfur fuel oil market could be
Fuel oil exports climb 37% on month in Dec Fuel oil consumption in Dec down 33% on year Pakistan’s fuel oil exports rose to an all time high in December amid declining demand from domestic utilities a