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Latest Analysis / Short-term Global Oil Service

Fuel Oil Foresights #137 - Bullish outlook for VLSFO relative to the forward curve but bearish for HSFO in May-July

Published: 4 April, 2024

Highlights:

Market Fundamentals – Bullish outlook for VLSFO relative to the forward curve but bearish for HSFO in May-July
  • VLSFO cracks should rebound from current levels this month with lower imports into Asia from the UAE’s Ruwais refinery, as well as Kuwait’s Al-Zour refinery amid the Dar ...

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