East of Suez bunker prices have made sharp losses, pulled down by Brent values weakening on the prospect of an imminent OPEC+ deal and signs of lower US fuel demand. Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Zhoushan ($19/mt), Singapore ($18/mt) and Fujairah ($14/mt) LSMGO prices down …
Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 15/7/21”