Back to reality: low-sulphur fuel oil market falls from record highs
February 12, 2020
Who was cited:
Sri Paravaikkarasu, Director of Asia Oil and Head of East of Suez Oil Service FGE
Asia's market for very low-sulphur fuel oil (VLSFO) has retreated from its record highs near the start of the year, as demand crumbles under seasonal factors and an epidemic in China, while supply expectations improve, analysts and traders said.