HSFO premium extends climb while VLSFO slips further

HSFO premium extends climb while VLSFO slips further
Spot premium for high sulphur fuel oil (HSFO) posted further gains on Monday, while very low sulphur fuel oil (VLSFO) premium continued to soften from the previous week. The 380-cst HSFO complex has received a boost in recent sessions, led by bullish buying in the...
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China’s swift workarounds stabilise sanctioned oil flows

China’s swift workarounds stabilise sanctioned oil flows
In the weeks immediately following Shandong’s shipping ban and the new OFAC sanctions on tankers involved in Russian and Iranian trade, Shandong teapot refiners—the main buyers of discounted sanctioned oil—reduced refinery runs even during the Spring Festival travel...
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