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Latest Analysis / Short-term Global Oil Service

Residual Fuel Oil Report #53

Published: 22 September, 2020

Highlights:

Market Feature

  • The recovery in European gasoline cracks should limit VLSFO production and exports over the next few months from NWE as refiners ramp up FCC runs. The LSVGO – HSVGO spread has already started to widen considerably from a low $1.8/t in mid-August to $6.8/t last week.
  • VLSFO ...

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