Oil Through the Looking Glass 4/8/20

*China Only Fulfilled 5% of Promised US Energy Purchases Under the terms of the China-US trade deal agreed last year China agreed to purchase some $25.3 billion worth of American oil products. Halfway through 2020 and they have only completed 5% of that target as the relationship between the two countries sours. China imported only …

Oil Through the Looking Glass 3/8/20

*Asian Fuel Oil Market News It is expected that the strong sentiment in the physical is to continue for VLSFO with lower arbitrage cargoes coming into Singapore. Imports for August are estimated to be 1.5 – 2 million tonnes, down from 2 – 2.5 million tonnes in July. This is also being driven by lower …