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RE: Fuel Oil Glut in Singapore Widens Gap to Dubai: Energy Markets

Home Forums Refining Community Refinery News Fuel Oil Glut in Singapore Widens Gap to Dubai: Energy Markets RE: Fuel Oil Glut in Singapore Widens Gap to Dubai: Energy Markets

#5559

Charles Randall
Participant

Update – Forewarned is Forearmed ….. According to this article a bright spot for crack margins/coker margins & feedstocks/heavy crude spreads could be growing from HFO Glut spreading out from Singapore.
 
It also sounds like it might revive some Russia/Asia/Mexico & other coking projects as impact feeds back to sources HFO without upgrading capacity.
 
Traders & Speculators are only getting wind of opportunity now – so look for change gain lot rapid momentum at any moment!
 
Regards

Refining Community