outbreak in China

  • Crude Oil
    Asian VLSFO Comes Down After Enjoying Record Peaks

    Asian VLSFO Comes Down After Enjoying Record Peaks

    Asia’s market for very low-sulfur fuel oil (VLSFO) has departed from its record peaks near the beginning of the year, as demand crumbles under seasonal elements and an outbreak in China. At the same time, supply expectations improve, analysts and traders stated. Cooling VLSFO prices are an early signal of stabilizing market fundamentals after months of dryness triggered by the…

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