Refined Products, Fuel Oil

October 17, 2024

What is driving the counter-seasonal strength in European fuel oil markets?

As high sulfur fuel oil cracks in Europe hover at year-to-date highs outside of their traditional summer peaks, reporters Tommy Petrou and Takis Gounaris join Joel Hanley to delve into the fundamentals that are providing a firm footing for fuel oil markets in Europe as heightened tensions in the Middle East stir up volatility across the commodities complex.

Links:

FIRST TAKE Whatsapp channel: https://whatsapp.com/channel/0029Vah2ZJPGJP8JnyPYbf46(opens in a new tab)

3.5%S FOB Rdam Barge - PUABC00(opens in a new tab)

3.5%S FOB Rdam Barge Brent Crack Mo01 - AATZT00(opens in a new tab)

Rotterdam HSFO barges reach 3-month high amid tight supply (subscriber content)

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