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Latest Reports and Analysis

Latest Analysis / Short-term Global Oil Service

Residual Fuel Oil Report

Published: 6 November, 2020

Highlights:

Market Feature

The tightness in the HSFO market has surprised market participants, with the HSFO 380 cracks hovering close to Dubai parity. The has been driven by still low refinery run rates, active buying of spot high sulphur SRFO cargos by North Asian refiners, and spot HSFO purchases by PSO.
That ...

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Previous Issues

April 18, 2024

Fuel Oil Foresights #138 - VLSFO cracks to rise as exports from Al-Zour dry up, but downside risks loom

April 4, 2024

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

March 21, 2024

Fuel Oil Foresights #136 - We are more bearish than the forward curve for HSFO in May to July

March 7, 2024

Fuel Oil Foresights #135 - Downside expected for VLSFO cracks in April before a rebound in May

February 20, 2024

Fuel Oil Foresights #134 - We remain more bearish than the forward curve for VLSFO in March and April

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Latest Reports and Analysis

Highlights:

Market Feature

Previous Issues

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