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High prices deter German buyers.(Products market)(Brief Article)
* Prices rose across the board tracking, crude futures. The onset of colder weather in western Europe and the northeast US also lent support.
* Steep rises in gasoil prices deterred buyers in northwest Europe. German consumers were particularly reluctant to restock after prices rose beyond $400/t. Demand is more solid in the south and traders are buying to meet east Mediterranean buying interest.
* Draught restrictions remain in place at Ventspils, meaning large cargoes cannot be loaded. This has kept a marginal arbitrage to the US from working despite solid demand there. But dredging is improving the situation daily.
* High-sulphur cracked fuel oil …
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- Fuel oil prices rose to record high last week.
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News wire article from: Asia Africa Intelligence Wire
May 3, 2004
700+ words
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- Few buyers fuel oil surplus.(Products market)(Brief Article)
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Newspaper article from: FSU Energy
August 6, 2004
700+ words
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- Export opportunities push up domestic prices.(crude, gas oil, fuel oil)
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Newspaper article from: FSU Energy
March 4, 2005
700+ words
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- Fuel oil in tight supply.(Products market)(Petroleum products prices)(Brief...
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Newspaper article from: FSU Energy
April 8, 2005
700+ words
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- Belarus fuel oil exports set to drop.(Brief Article)
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Newspaper article from: FSU Energy
June 25, 2004
700+ words
