The premium of Mediterranean low sulfur fuel oil prices over Northwest Europe tumbled to its narrowest level in 20-months on the back of plummeting freight rates between the two regions.Platts oil and shipping editors, Beatrice Bedeschi and John Morley discuss the reasons behind the bearish shipping market and the alternatives faced by Mediterranean buyers as NWE flows of LSFO struggle to reach their natural outlet.
We welcome any feedback or suggestions for topics. Contact us at email@example.com.
Exchanging value in the oil markets
We would like to offer you a free one week subscription to one of the following reports:
@PlattsOil on Twitter