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Short-term resurgence of Northwest European LSFO barge demand



Platts Benno Spencer, senior managing editor, Europe and Africa Oil and Erduan Reid, Europe and Africa fuel oil editor, discuss the surprising resurgence in Northwest European low sulfur fuel oil barge demand seen in the first half of April. The discussion focuses on Vitol's recent buying spree in the illiquid market, the ramifications on derivative values and what the future may hold for the dead bunker fuel grade.


The following Platts assessments were discussed in this podcast:
Price Date
1% FOB NWE cargo $325 / mt 04/16/2015
3.5% FOB Rotterdam barge $317.25 / mt 04/16/2015

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