Monthly Fuel Oil Report

After a disastrous month for oil in April, stability has returned and we have seen a steady recovery of prices. This has had a knock on effect for all related products, pushing up values across the board. Towards the end of last month we had Rotterdam 3.5% below $100 and Rotterdam 0.5% below $200, but these have now recovered to alost $200 on the HSFO (high sulphur fuel oil) and $250 for the VLSFO (very low sulphur fuel oil).   To view the full report please click on the link