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Rotterdam fuel oil weak despite arbitrage loadings, prompt bunkers supported

July 30, 2015 (6:50 mins)

Benno Spencer , Platts senior managing editor, Europe and Africa Oil, Beatrice Bedeschi, John Morley and Dimitrios Moraitelis, Platts market reporters across the fuel oil and shipping markets, discuss the recent weakness and healthy supply of the Rotterdam high sulfur fuel oil market, despite the recent slew of arbitrage fixtures from the region. The discussion also focuses on the recent lack of VLCC availablity and uncommon Suezmax fixtures, as well as the strength of the prompt Rotterdam bunker fuel market in light of loading delays at the port.

The following Platts price assessments were discussed in this podcast:
Price Date
Bunker Fuel Oil 380 CST 3.5% Delivered Rotterdam $268.5 / mt 07/30/2015
Dirty UK Continent-Singapore basis 270,000 mt 6 UST / LSM 07/30/2015

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