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Northwest European fuel oil market weakens under supply pressure

August 19, 2015 (3:45 mins)

An abundance of supply and lack of arbitrage opportunities has seen the NWE fuel oil market physical discounts deepen and the market contango widen. Platts managing editor for EMEA fuel oil, refinery feedstocks and bunker fuels Christopher Vowden discusses the fundamentals driving the weakness with fuel oil editor Beatrice Bedeschi.

The following Platts price assessments were discussed in this podcast:
Price Date
3.5% FOB Rotterdam barges $227/mt 08/18/2015
3.5% Rotterdam FOB barges Swaps $231/mt 08/18/2015

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