Cepsa sees 2020 0.5% S bunker prices $110-$130/mt below MGOCepsa plans to make a single 0.5% sulfur fuel of about 200 CST in viscosity for the marine market in 2020, Berenguer told S&P Global Platts.
ISO to publish 0.5% sulfur bunker specification in late 2019The ISO is developing a PAS for the fuels as an interim measure to give guidance to the bunker and shipping industries in 2020.
Oil traders see further consolidation despite margin pick-up"We've seen the large banks involved in commodities struggle... we can see some consolidation taking place," Mercuria CEO said.
Russia's Gazpromneft Marine Bunker expects to halt fuel oil use from 2025Gazpromneft Marine Bunker, the bunker fuel trading arm of Russia's Gazprom Neft, will no longer deal in fuel oil from 2025.
Singapore fuel oil complex stays weak on persistent supply overhangThe 380 CST cash differential has hit a low of minus 67 cents/mt Friday, not seen since August 3, 2017, Platts data showed.