July LSFO Ex‑Wharf Premiums Hold Steady, Margins Under Pressure - mfame.guru
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July LSFO Ex‑Wharf Premiums Hold Steady, Margins Under Pressure - mfame.guru
Fujairah’s low-sulfur fuel oil (LSFO) ex‑wharf premiums have remained largely stable in July, while downstream margins continue to feel the squeeze. This reflects a delicate balance between tightening supply fundamentals and competitive pressure in the bunkering and downstream markets. Inventory Levels & Supply Balancing After a period of drawdowns, prompt inventories of LSFO at Fujairah have steadied. With fewer replenishment cargoes expected d…
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