Houston IFO 380 sags to steepest discount to USGC HSFO since AugHouston fell to a $5.16/mt discount to USGC HSFO, down from $2/mt Wednesday and the largest discount since August 19, 2016, when it was $8.20/mt
FEATURE: Number of Singapore bunker suppliers set to dwindle by 2020Strict law enforcement by the MPA has also prompted the exit of some suppliers.
New Orleans MGO discount to Houston at widest level in over seven weeksNew Orleans MGO was assessed at $488/mt ex-wharf, a $20/mt discount to the same product at the competing port of Houston. The discount was last wider February 17, when it was $21/mt, S&P Global Platts data showed.
Singapore delivered 380 CST bunker MOC has first trade in over 5 yearsDuring and outside the MOC process however, offers for delivered 380 CST bunker were heard at $315-$316/mt.
ANALYSIS: Adoption of new ISO 8217 marine fuel standards set to be slowShip operators should adopt the new standards as they will give "better protection."