Skip Navigation LinksHome|News & Analysis|Podcasts| Global Oil Markets Podcasts

Global Oil Markets Podcasts

As arb from NWE slams shut, where will Med utilities get their fuel oil from?

March 08, 2016 (6:34 mins)

The premium of Mediterranean low sulfur fuel oil prices over Northwest Europe tumbled to its narrowest level in 20-months on the back of plummeting freight rates between the two regions.

Platts oil and shipping editors, Beatrice Bedeschi and John Morley discuss the reasons behind the bearish shipping market and the alternatives faced by Mediterranean buyers as NWE flows of LSFO struggle to reach their natural outlet.

Relevant Platts price assessments:
Price Date
Fuel Oil 1%S FOB Med Cargo - FO 1%S FOB NWE Cargo $2.5/mt 03/07/2016
UKC-Med Dirty Handysize freight [basis 30,000 mt] $11.74/mt 03/07/2016

We welcome any feedback or suggestions for topics. Contact us at

Platts Email


Related News & Analysis

Global Oil Markets podcast archive The Barrel blog News features

Related Products & Events

European Marketscan Oilgram News

@PlattsOil on Twitter

Авторское право © 2019 S&P Global Platts, подразделение S&P Global. Все права защищены.