RECENT NEWS
Prompt cargoes weigh on North Sea differentials, but traders see recovery ahead
While an ongoing excess of prompt cargoes has kept North Sea crude differentials moving sideways around multi-month lows, traders have remained optimistic for a recovery ahead, with an ongoing mixed structure seen across the two forward months encompassed in the Brent...
HSFO cracks jump but spot benchmarks capped
Cracks for high sulphur fuel oil (HSFO) hit fresh highs in Asia on Friday, though spot benchmarks remained capped. The 380-cst HSFO/Brent crack for June hit a premium of about $3.70 a barrel at the Asia close, the highest on record, LSEG data showed. Meanwhile, the...
CMA CGM: A solid Group continuing its transformation in an unstable market environment
The Board of Directors of the CMA CGM Group, a global player in sea, land, air and logistics solutions, met today under the chairmanship of Rodolphe Saadé, Chairman and Chief Executive Officer, to review the financial statements for the first quarter of 2025....
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