Asia residue fuel market – Key market indicators this week

S&P Global Platts | Sep 14, 2020 at 5:24 AM
  • Declining residual fuel stocks in Singapore are leading to a narrowing of the front-month contango in the Singapore low sulfur fuel oil market.
  • In the high sulfur fuel oil market, continued demand from Saudi Arabia for cargoes over the fourth quarter is expected to trim the length in supply in the Middle East.