AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.

Products take cue from crude. (Products market).(Russian fuel oil markets)(Brief Article)(Illustration)(Statistical Data Included)

FSU Energy

| May 31, 2002 | COPYRIGHT 2003 Argus Media Inc. (Hide copyright information)Copyright

* Russian product prices weakened, driven lower by losses on crude futures. Fuel oil was cushioned by interest in moving cargoes to Asia, which helped bolster the Rotterdam barge market.

* The prospect of a flood of Russian supplies hitting the market in the first half of June lowered prices for high-sulphur cracked fuel oil. But up to 600,000t of this is expected to go to the Asia-Pacific region, although arbitrage remains closed for the time being, reducing the impact of increased supplies on European prices. Several traders were loading VLCCs at Rotterdam to take east over the next few weeks. Healthy demand levels from bunker fuel blenders in Rotterdam is also …

Related articles from newspapers, magazines, journals, and more
Prices fall as fuel oil strength evaporates. (Products market).(Brief...
Newspaper article from: FSU Energy June 14, 2002 700+ words
Products market.(fuel oil oversupply in Russia)(Brief Article)
Newspaper article from: FSU Energy December 29, 2000 700+ words
Gasoil gains but fuel oil fades.(Products market)(Brief Article)
Newspaper article from: FSU Energy November 26, 2004 700+ words
Refinery upgrades squeeze fuel oil output. (News: exports and trade).(Brief...
Newspaper article from: FSU Energy December 7, 2001 700+ words
Market braces for fuel oil flood. (Products market).
Newspaper article from: FSU Energy March 29, 2002 700+ words
©2013 Gale, a part of Cengage Learning. All rights reserved. Contact us | Privacy policy | Terms and conditions

The AccessMyLibrary advertising network includes: womensforum.com GlamFamily