4 min listen
IMO 2020, COVID-19 drive turbulence in the fuel oil complex
FromOil Markets
ratings:
Length:
15 minutes
Released:
Mar 18, 2021
Format:
Podcast episode
Description
The market for low sulfur fuel oils – 0.1% S and 0.5% S – has tightened on the refinery response to COVID-19, while as a result of IMO 2020, lackluster demand for 3.5% S is encouraging shippers to fit scrubbers which could flip fundamentals between the grades in the future. Meanwhile, a recent cold weather spell in Asia drew fuel oil supplies away from Europe, further adding to price volatility to those fuels at the bottom of the barrel. S&P Global Platts fuel oil specialists Stepan Lavrouk, Sarah-Jane Flaws and Britt Russel-Webster discuss the market with Joel Hanley.
Released:
Mar 18, 2021
Format:
Podcast episode
Titles in the series (100)
Chinese oil outlook: Potential room for growth for gasoil: Despite muted growth in demand in the past year, gasoil is one product to watch in coming months. Song Yen Ling, senior writer for Platts oil and gas news, examines the general outlook for Chinese oil demand and notable developments in the market. This is by Oil Markets