27 May 2020 – Your weekly bunker update from InterContinental Bunkering
Your weekly bunker update including today’s relevant oil headlines, Brent and Crude oil futures, VLSFO rates, as well as bunker price indications from all the major ports.
Today’s headlines:
- India’s oil consumption will soon return to normal levels
- IEA: oil demand will rise to new highs
- US driving season begins
- China’s oil consumption almost back to normal
- Saudis, Kuwait and UAE with further voluntary cuts from June
- OPEC + cuts come into force on May 1st
- Russia will stick to the current plan
- Russia supports ceasefire in Libya
- Individuals US oil producers ramp up oil production again
- Russia bans oil imports
- Armada of US oil tankers heading for the USA
See your weekly worldwide bunker price /indications here:
Loading…Prices quoted in US$ per mT and are purely indicative and only to be used as guidance. Prices in cursive are of a previous date. Other ports are available upon request. For last price updates and/or updates on product availability & earliest delivery dates, do not hesitate to contact us as markets are volatile. www.icbunkering.com
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