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Bunker Market Facing Tougher Q3 as Supply Rises

By Roslan Khasawneh SINGAPORE, July 3 (Reuters) – Global supply of fuel oil, used by ships and power plants, is expected to grow in the third quarter, depressing the marine fuel market as shipping demand remains weak, analysts and trade sources said. Third-quarter supply is estimated to rise by 620,000 barrels per day (bpd) from […]

WP_Post Object ( [ID] => 226748 [post_author] => 4 [post_date] => 2020-07-03 15:02:22 [post_date_gmt] => 2020-07-03 15:02:22 [post_content] => ship bunkeringBy Roslan Khasawneh SINGAPORE, July 3 (Reuters) – Global supply of fuel oil, used by ships and power plants, is expected to grow in the third quarter, depressing the marine fuel market as shipping demand remains weak, analysts and trade sources said. Third-quarter supply is estimated to rise by 620,000 barrels per day (bpd) from […] [post_title] => Bunker Market Facing Tougher Q3 as Supply Rises [post_excerpt] => By Roslan Khasawneh SINGAPORE, July 3 (Reuters) – Global supply of fuel oil, used by ships and power plants, is expected to grow in the third quarter, depressing the marine fuel market as shipping demand remains weak, analysts and trade sources s... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => bunker-market-facing-tougher-q3-as-supply-rises [to_ping] => [pinged] => [post_modified] => 2020-07-03 15:02:22 [post_modified_gmt] => 2020-07-03 15:02:22 [post_content_filtered] => [post_parent] => 0 [guid] => https://gcaptain.com/?p=140993 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )