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Asian fuel oil prices simmer as peak summer demand looms

Asian fuel oil prices simmer as peak summer demand looms

FromCommodities Focus


Asian fuel oil prices simmer as peak summer demand looms

FromCommodities Focus

ratings:
Length:
23 minutes
Released:
Apr 14, 2022
Format:
Podcast episode

Description

The global fuel oil market is currently going through a turmoil on account of the lower Russian oil flowing into the marine fuel oil pool and a fair share of blending components being used to produce higher margin transportation fuels. Tightening sanctions on Russian oil has seen newer trade flows emerge. As Asian markets gear up for peak summer demand, trade flows are poised to undergo further changes. The recent fuel contamination issue at Singapore has further exacerbated product availability concerns. In this podcast, S&P Global Commodity Insights' Rajesh Nair, Atsuko Kawasaki and Zhuwei Wang talk about the outlook for the Asian fuel oil market.
Released:
Apr 14, 2022
Format:
Podcast episode

Titles in the series (100)

S&P Global Commodity Insights analysis of key news and pricing issues from across the global shipping, natural gas, power, petrochemicals, agriculture, and coal markets.