Platts takes a look back at a tumultuous year for the European fuel oil market, starting with soaring premiums for high sulfur fuel oil and ending in a flood of supply. Low sulfur fuel oil followed its own path, gaining strength mid-year from North American bunker fuel emission legislation, and then European refinery maintenance in Q3, before slumping along with high sulfur fuel oil on the back of weak bunker fuel demand. But what trends will be driving the market this year and onwards? Benno Spencer, managing editor, EMEA crude, and Ned Molloy, editor, EMEA fuel oil, discuss.
This is the latest in a series of weekly podcasts aimed at highlighting significant news stories from around the energy world. Check back every week for the latest update.
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