Confidence in bunker market slips amid price volatility, thin supplies

Confidence in bunker market slips amid price volatility, thin supplies
Volatility in fuel oil prices and weak crude oil prices, are weighing on market participants’ near-term confidence in Singapore’s bunker fuels market. Despite the uncertain outlook, ex-wharf premiums remain steady, trading at a premium of around $4 to $6 a tonne to Singapore quotes, as some suppliers face a shortage of the fuel since it ... read more
Source: Shipping NewsPublished on 2017-06-19
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