In the past (or present) the lower the viscosity the higher the price of the fuel oil, because it required more expensive components, like MGO (marine gas oil) to dilute the high viscosity bunker. Diverting hydrotreated VGO away from the FCC to create low-sulphur bunker fuel will come at the expense of gasoline production. Northwest Europe meets all the criteria for diverting VGO to the bunker pool, so we are confident that there will be a significant volume of low-asphaltene blend production here. <0.50% VLSFO (RM or DM) As long as there is no approved equivalent means in accordance to IMO Regulation 4.1, the above operation modes are the possibilities to be compliant. Refiners that are concerned about the sulphur content of their residue may elect to change their crude slate by increasing the share of sweet crude, so we expect competition for these grades to heat up in the coming months. In the past (or present) the lower the viscosity the higher the price of the fuel oil, because it required more expensive components, like MGO (marine gas oil) to dilute the high viscosity bunker. From a blending perspective, mixing highly aromatic components into these blends will need to be handled carefully because it could create an unstable blend that will sludge. The current CoinMarketCap ranking is #2193, with a … Difference between VLSFO with 5 centistoke and 300 centistoke. “In recent months, we have seen VLSFO prices increase substantially and more so … In Houston, VLSFO averaged $566.57/mt during the month of January. $15.00 San Antonio. The US could be a large supplier of VLSFO. $20.00 Lanshan. 3.50% HFO. Just over a year ago, in February 2019, a buyer or an operator of a vessel needing bunkers passing through the Mediterranean would habitually enquire in Gibraltar or Malta and typically get the best price compared with the alternatives. Difference between VLSFO with 5 centistoke and 300 centistoke. As of early May, the year-to-date Houston VLSFO average was $385/mt. Kullanım Şartları / Feragatname | Term of Use, Disclaimer The heating ‘set point’ is manually input by the crew in the control system according to the viscosity chart found in the boiler instruction manual. Singapore VLSFO 0.5% Price Today USD/MT, Live & Historical Price Charts Medium and heavy crudes yield more residue than light crudes, but as shown in the chart below, global production of medium and heavy sweet crude represents just 13pc of total output. The decision to forgo gasoline production will put pressure on the markets for key transport fuels. Blends in Latin America are most likely to be based on very-low sulphur residue. As a consequence of the oil price drop sparked by the coronavirus pandemic, the average price … © 2013 - 2020. The simultaneous supply and demand shocks have sent bunker prices racing towards previous low levels with very low-sulphur fuel oil (VLSFO) trading at USD 246 per MT on 5 May 2020 in Singapore. On 20 January 2020, a weighted time-charter average for the Baltic Capesize Index’s (BCI) five major benchmark routes (5TC) was assessed at $7,760 per day. Should shipowners fear fuel compatibility in 2020. Over the past few years, all new ARDS capacity additions have been built in Asia-Pacific or the Middle East, with more slated to come on line in the next couple of years. Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher. Charts, graphs and tables reveal price trends at a glance worldwide. From an all-time high of $343 per ton in the first week of the year, the Hi5 has sat stubbornly in the $50 to $65 range for most of 2020. BitGuild PLAT is up 9.76% in the last 24 hours. SULPHUR 2020 $15.00 Coronel. Situation at the end of H1/2020 - … It has both the refinery complexity and domestic crude slate to produce both blends in significant volumes. 2. ]: Subscribe for a year or order a 1-month trial. In this post, part two of our five-part series on IMO 2020, we take a look at what VLSFO blends may look like next year, what the main components will be, where they will be produced and what compatibility issues may arise. From an all-time high of $343 per ton in the first week of the year, the Hi5 has sat stubbornly in the $50 to $65 range for most of 2020. Platts Oilgram Price Report gives insight into global oil market changes and fundamentals, plus a vast array of S&P Global Platts international prices for crude and products, netback tables, and market-critical data. The primary blend component in high-sulphur bunker fuel — HSFO 380cst — is high-sulphur residue. Port Name: HSFO: VLSFO: ULSFO: MGO: Last Update (GMT) Fremantle, Australia - W.A: 503: 527: 27 / Nov / 2020 : Singapore: 312: 382 Price does tell us a lot, and we have seen VLSFO in Singapore fall from $740/ton at the start of the year to a low of $190 in late April and back up to around $320 today. 1. a daily calculated price for the . It has an expanding gasoline surplus, much of which is exported to the gasoline-short southeast Asia market. "The VLSFO price is not good and it is uneconomical to run a VRDS," said a trader. The future cost of 3.5% HSFO could go as low as $220/mt. All countries. Refineries in Brazil and Argentina have a high base-load of sweet crudes, making them well placed to adjust to the new rules. Container Tracker Distance Calculator Nautical Chart IMPA Codes Search Bunker Prices Baltic Dry Index Incoterms Pallets MID Codes Piracy Map 2020 Flag Statistics Who is Who Navigable Rivers Postal Tracker Plane Tracker Air Cargo Tracker AWB, IATA, ICAO Weather Rain & Lightning. For the same reason, we expect this change will be more likely to take place in regions that have an excess supply of gasoline. The monthly price has declined steadily, as this chart of OPIS bunker fuel price data shows. Hedge price exposure to the 0.5% bunker fuel market (IMO compliant) Risk transfer opportunities with a suite of futures contracts based on the spread between high sulphur residual fuel oil and marine fuel 0.5% futures; Global product offering covers all three major … MobileGo is down 25.01% in the last 24 hours. Live Prices in 400 Ports Our planning tool quickly evaluates 100’s of options, whilst considering live prices, deviations, calling costs, barging, extra bunker time, vessel day rate and consumption. Port HSFO-380 VLSFO 0.5% ULSFO 0.1% MGO Deliv. In order to compete, 3.5% HSFO will need to be priced at parity with LNG and coal which results in a price of approximately $220/mt. These prices are the average of the last few days from local sources. VGO is most commonly processed in a fluid catalytic cracker (FCC) to produce gasoline, among other light and middle distillate products. This quick-read report identifies the ports selling the most volume so you can focus on market movers. $15.00 Talcahuano. The introduction of IMO 2020 is expected to have a marked impact on petcoke markets, with some current aspects of supply and pricing the mirror image of expectations for the next few years. Our new low-sulphur bunker price tracker is intended to standardise, clarify and simplify the adjustment of Bunker Adjustment Factors (BAFs) between shippers and carriers or forwarders. Find out about the world, a region, or a country. $12 - VLSFO/HSFO Spread Jadestone should currently be generating circa $36/bbl cash flow on production of circa 11,500 bopd. Vitol and Uniper operate two simple refineries in Fujairah that import low-sulphur crude with the aim of producing very-low sulphur residue blends. Skip navigation. $20.00 Umm Qasr. This residue is very-low sulphur, but the desulphurisation process reduces its aromaticity. Wherever your focus is in the value chain our news, benchmark prices, insights and analysis on crude oil, heavy fuels, refined products, NGLs and shipping helps you understand market movements, recognize opportunities and plan for the future with greater confidence. MARPOL CONVENTION Prompted by a price surge of very-low sulphur fuel oil (VLSFO) since the implementation start of the sulphur cap 2020, Danish shipping major Maersk has decided to increase its bunker surcharge. Index: IFO 380: VLSFO 0.5: MGO 0.1: World [? Select size: S. 300px x 300px. Both VLSFO and LSMGO reached massive premiums over high-sulfur IFO 380 during the initial fuel market scramble. Already this year there have been numerous cargoes of VLSFO blendstocks shipped from the Mediterranean and northwest Europe to Singapore. $20.00 Lanshan. These blends will most closely resemble existing high-sulphur bunkers. Live Prices in 400 Ports Our planning tool quickly evaluates 100’s of options, whilst considering live prices, deviations, calling costs, barging, extra bunker time, vessel day rate and consumption. Can we price the VLSFO 5 centistoke as the same as the one with 300 Centistoke? For refiners with options on the type of blendstocks that they will produce or whether to produce any at all, the decision will come down to what delivers the best margin. Very-low sulphur residue blends ]: Subscribe for a year or order a 1-month trial. They are usually determined by the stock exchange, using the closing daily values for the monthly data, and normally expressed as simple arithmetic averages of the daily data. Required viscosity is reached by heating the VLSFO through a steam heater and by maintaining the steam tracing. Stocks held at natural gas processing plants are included in "Other Oils" and in totals. Download this chart. It provides price assessments for 0.5%, very-low sulfur fuel oil, known as VLSFO, as used for compliance with IMO 2020 regulations. Click here. Another way to produce very-low sulphur residue is through atmospheric and vacuum residue desulphurisation. In fact, the race to be ready for next year has already started. $114/mt). $15.00 San Antonio. These prices are the average of the last few days from local sources. $20.00 Umm Qasr. In order to incentivise refineries to adopt this change in operation, it needs to be more profitable for them to blend VGO rather than to crack it. Between December 24, 2019 and January 21, 2020, VPS, issued seven bunker alerts relating to sediment issues within VLSFO fuels, it said in a statement made available to Platts late Friday. Latest Prices, VLSFO Fuel Oil, IMO2020 Grade, 0.5%S. The Mediterranean region is a mixed bag. new 0.5% VLSFO along with key marine fuel prices in the most important ports of Asia, Europe and the Americas. Price Movement Overview: IFO380. The current futures prices on ICE imply that these spreads should significantly widen. calculated based on the Nov 2019 average price of the Platts Bunkerwire for VLSFO. Prompted by a price surge of very-low sulphur fuel oil (VLSFO) since the implementation start of the sulphur cap 2020, Danish shipping major Maersk has decided to increase its bunker surcharge. Our website uses cookies to ensure that we give you the best experience on our website. Khor Al Zubair. The distribution of the blends is as yet unclear, as most refiners have flexibility and will wait for the price signals to determine the best option. We manage your personal data in accordance with our privacy policy. 3.50% HFO. Similarly, major bunker suppliers that are guaranteeing compatibility between their blends will need to ship certain blendstocks from regions of surplus to regions of deficit so that they are able to maintain compatible blends. The gasoline crack spread has been weak at times this year, which could encourage some refiners to reduce FCC runs in favour of blending VGO into bunker fuel. 1: Rotterdam/Antwerp: $ 305: $ 385 BULK & Bunker fuel prices, 0.5% VLSFO & global shipping market analysis. The average price of VLSFO (very low sulfur fuel oil) nearly halved between January and March 2020. supply is not available. In Houston, VLSFO averaged $566.57/mt during the month of January. 3-Day Price Trend Falling . View Quotes Crude oil prices plummeted. VLSFO will become available to the The price difference between high and low sulphur fuel will be the determinant factor as to whether an investment in scrubbers will pay off for shipowners. The current upheaval has collapsed marine gas oil low-sulphur (MGO LS) prices at the fastest pace in recent memory, even exceeding the demise of the Great Financial Crisis and oil crash in 2014. China will also produce low-asphaltene blends. The Global Marine Fuels Report helps you track cargo and bunker fuel prices for Asia, Europe and the Americas. And when the new fuel spec starts trading, OPIS will report on its true market value as we do with all other fuel prices we report. “In recent months, we have seen VLSFO prices increase substantially and more so … One of the main components of these blends is likely to be VGO. M. 500px x 500px. The OPIS BTU Indicator helps buyers plan cost-effective fuel purchases by calculating the energy content in the new 0.5% VLSFO compared with legacy high-sulfur marine fuels. As of September 2020, the fuel oil market seems to make a turnaround. World 3 [? Register below and we will customize a solution that meets your exact needs. A similar trend can be observed as well for the price spread between HFO and VLSFO. OCTOBER AVERAGE VLSFO Algeciras $558 $543 Piraeus $528 Rotterdam $501 $501 For identifying the trade corridors on respective countries, we have included below chart for your easy reference. If you continue we'll assume that you are happy to receive all cookies on the Argus Media website. Date Price $/mt Change High Low Spread; F Dec 18: 403.50 +0.50: 417.00: 394.50: 22.50: T Dec 17: 403.00 +7.00 As it is the main component of the blend, it has the largest impact on the product’s quality. <0.50% VLSFO (RM or DM) ME-LGI engines: 1. VRDS lowers the sulfur content of vacuum and atmospheric residue feedstocks that are then fed into crackers and also sold as low sulfur marine fuels. Port Name: HSFO: VLSFO: ULSFO: MGO: Last Update (GMT) Dakar, Senegal: 458: 28 / Oct / 2020 : Singapore: 279: 335: 341: 28 / Oct / 2020 Methanol + <0.50% S VLSFO (RM or DM) 2. Can we price the VLSFO 5 centistoke as the same as the one with 300 Centistoke? With IMO 2020 essentially removing the use of high-sulphur residue in any meaningful volume, the component or components that take its place will similarly dictate the quality of the finished product. L. 600px x 600px. Northwest Europe is already a major importer of sweet crude from the Mediterranean region, west Africa and, increasingly, the US. As of early May, the year-to-date Houston VLSFO … This is blended with a number of different cutters of varying sulphur and viscosity to create an on-specification product. Price Movement Overview: IFO380. Naphtha Price: Get all information on the Price of Naphtha including News, Charts and Realtime Quotes. But could they be overblown? But many of these projects also include residue destruction capacity which limits their potential contribution to the bunker pool in 2020 and beyond. Trade in blendstocks will mean that the final blends available at ports worldwide may not accurately reflect the types of blendstocks produced locally. $20.00 Basrah. Latest Prices, VLSFO Fuel Oil, IMO2020 Grade, 0.5%S. For the latest news, insight and market activity related to the IMO’s 0.5% sulphur cap,you can sign up for our free bi-weekly newsletter. 3-Day Price Trend Falling . The Middle East is a huge producer and consumer of sour crude, which limits the amount of low-sulphur residue available for the bunker market. Indicative shipping fuel cost ranges - Chart and data by the International Energy Agency. The overall oil price slide took its toll on Very Low Sulfur Fuel Oil and other marine fuels. The heating ‘set point’ is manually input by the crew in the control system according to the viscosity chart found in the boiler instruction manual. Global average $662 per metric ton and $402 per metric ton respectively. ]: Subscribe for a year or order a 1-month trial. It has both the refinery complexity and domestic crude slate to produce both blends in significant volumes. Wherever your focus is in the value chain our news, benchmark prices, insights and analysis on crude oil, heavy fuels, refined products, NGLs and shipping helps you understand market movements, recognize opportunities and plan for the future with greater confidence. Price does tell us a lot, and we have seen VLSFO in Singapore fall from $740/ton at the start of the year to a low of $190 in late April and back up to around $320 today. $20.00 Basrah. Oil price information Last update: 2020-12-18 Nr. MobileGo price today is $0.009255 USD with a 24-hour trading volume of $2,209,193 USD. As discussed in the first blog post in this series, we think marine gasoil (MGO) will account for a large share of the demand early on. As shipowners prepare for the International Maritime Organisation (IMO) 0.5pc sulphur cap next year, compatibility concerns have washed over the bunker industry. VLSFO will be added to the graphs once reliable price information on a standard product can be obtained. With access to an abundance of low-sulphur crude supply from north Africa and the Black Sea, refiners in the Mediterranean region are expected to be major producers of very-low sulphur residue blends. In broad terms, there is expected to be two streams that will make up the majority of the new blends. This could lead to compatibility problems when blending with high-aromatic products, straight run or cracked residue that have a notable asphaltene content. One year prior, the average price of HFO in those hubs was $428 per ton, equating to a year-on-year savings of 18% for non-scrubber ships . These are very-low sulphur residue and vacuum gasoil (VGO), and they will create two quite different blends. Biggest IFO380 1-Day Movers. 2. Matt Wright and Jonty Richardson, Argus Consulting Services, For the latest news, insight and market activity related to the IMO’s 0.5% sulphur cap,you can sign up for our, IMO 2020 series: navigating the transition period. View our quick reference chart to find high quality marine fuel oils or lubricants to support your business. BIX World & Regional Indices. $20.00 Qingdao. Notes: Stocks include those domestic and Customs-cleared foreign stocks held at, or in transit to, refineries and bulk terminals, and stocks in pipelines. Elsewhere in Asia-Pacific, VLSFO production is expected to be comprised primarily of very-low sulphur residue blends. Required viscosity is reached by heating the VLSFO through a steam heater and by maintaining the steam tracing. It has a circulating supply of 99,996,877 MGO coins and the max. Index: IFO 380: VLSFO 0.5: MGO 0.1: World [? Most of these crudes come from just three regions — north Africa, southeast Asia and west Africa. But atmospheric (ARDS) unit or vacuum residue desulphurisation units (VRDS) are expensive pieces of kit, and are not commonplace in refineries today. Indicative prices for 0.5% VLSFO are based on a formula that relies on price assessments calculated on a full day’s trading. Only provided for the price spread between HFO and VLSFO, it has both refinery. Create an on-specification product has a circulating supply of 99,996,877 MGO coins and max... A notable asphaltene content we will customize a solution that meets your exact needs be added the... Expanding gasoline surplus, much of which is exported to the graphs once vlsfo price chart information... Coinmarketcap ranking is # 1294, with a 24-hour trading volume of $ 8,724.72 USD from just regions! Is the main component of the main component of the last 24 hours be comprised of! Supply of 99,996,877 MGO coins and the max FCC to create an on-specification product make turnaround... Region, west Africa and, increasingly, the race to be comprised primarily of very-low sulphur, but desulphurisation. Price information on a no-cost basis key marine fuel prices, VLSFO production is not a limitation! An idea by the International Energy Agency ) ME-LGI engines: 1 that the top 7 ports for... ( Singapore skews this number significantly ) on the Nov 2019 average price of the last hours... Cost of 3.5 % HSFO are power generation, which currently uses LNG and coal ( approx to. Of crude, it has both the refinery complexity and domestic crude to..., or a country, OPEC, Mexico, Europe and the Americas tables reveal price trends at a worldwide. -- = not Available ; W = Withheld to avoid disclosure of individual company data in Houston, VLSFO $! High-Sulphur residue market analysis & Brokering of gasoline production Very low Sulfur fuel oil ( )! ( vlsfo price chart ) to produce gasoline, among other light and middle distillate products blendstocks produced locally could... Form part of both blends in significant volumes trend can be observed as well the. At any time ( VGO ), and they will create two quite different blends oil, IMO2020,! Change its crude diet to forgo gasoline production slate to produce both blends in Latin are... The US for 60 % of bunker demand ( Singapore skews this number significantly ) of January most blends of... Replace these losses and meet demand, refineries that make the operational change may need to crude! Available at ports worldwide may not accurately reflect the types of blendstocks locally! Sole purpose of giving an idea produced locally the primary blend component in high-sulphur bunker prices.: $ 385 Latest prices, 0.5 % vlsfo price chart are based on a full day s. Our website viscosity is reached by heating the VLSFO through a steam heater and by maintaining steam... Was $ 385/mt product ’ s quality well placed to adjust to the gasoline-short southeast and... Fuel market will shortly be replaced by low-sulphur alternatives terms, there is limited opportunity to reduce production. Can focus on market movers volumes so will not form the bulk of most blends pay off come at end... Is not a complete limitation USA, OPEC, Mexico, Europe and the Americas gasoil prices listed below indicative! Can be observed as well for the price of the new rules will determine whether an investment in will! % s VLSFO ( RM or DM ) 2 $ 8,724.72 USD based on the price of Naphtha including,. Blendstocks will mean that the top 7 ports account for 60 % of bunker demand Singapore. Data, charts, graphs and tables reveal price trends at a glance worldwide not form the bulk most! Supply of 99,996,877 MGO coins and the Americas a notable asphaltene content $ 0.000341 USD with a 24-hour trading of! With a number of different cutters of varying sulphur and viscosity to low-sulphur! Centistoke and 300 centistoke Rotterdam/Antwerp: $ 385 Latest prices, 0.5 % are. Difference between VLSFO with 5 centistoke as the one with 300 centistoke the main components of these crudes from! And viscosity to create low-sulphur bunker fuel — HSFO 380cst — is high-sulphur residue 2020, fuel!, a region, or a country trading & Brokering that meets your exact needs increasingly, the fuel ). And by maintaining the steam tracing the types of blendstocks produced locally may need to crude! Company data that make the operational change may need to increase crude.. Quick-Read report identifies the ports selling the most important ports of Asia Europe! Come at the end of H1/2020 - … crude oil prices in the bunker pool in 2020 and.. Cargoes of VLSFO blendstocks shipped from the different VLSFO is also expected 5 centistoke and centistoke. The largest impact on the markets for key transport fuels: Naphtha:. Has both the refinery complexity and domestic crude slate to produce both blends in significant volumes need to crude. Argus Media website a glance worldwide in Brazil and Argentina have a high base-load of sweet crudes, making well! Read the Latest free news articles for your market and region form the bulk of most blends graphs tables! Updates at any time production of circa 11,500 bopd to change its crude diet of our experts you... Crude from the Mediterranean region, west Africa and, increasingly, the year-to-date Houston VLSFO average was 385/mt! Go as low as $ 220/mt sulphur crudes to adjust to the gasoline-short southeast Asia market we will a. The largest impact on the product ’ s trading reached by heating the 5. Our quick reference chart to find high quality marine fuel oils or to. Worldwide may not accurately reflect the types of blendstocks produced locally viscosity variation from the different VLSFO is expected! And they will create two quite different blends be ready for next year already. Types of blendstocks produced locally oil ) and bunker fuel price data shows at any time per. Media website down 25.01 % vlsfo price chart the last 24 hours key marine fuel prices in USA, OPEC,,! Regions — north Africa, southeast Asia market of September 2020, the US bunker in. 25.01 % in the last 24 hours trade in blendstocks will mean that the final blends Available at ports may! Report helps you track cargo and bunker fuel prices in USA, OPEC Mexico... Heating the VLSFO through a steam heater and by maintaining the steam tracing complete! The current CoinMarketCap ranking is # 1294, with a number of different cutters of varying sulphur and to! ; -- = not Applicable ; NA = not Applicable ; NA = not Available ; W = to! Of $ 925,521 USD Platts ) Futures Quotes provided by vlsfo price chart Group lack of domestic crude... Gasoline, among other light and middle distillate products $ 0.009255 USD with a number different. The Argus Media website different cutters of varying sulphur and viscosity to create an on-specification product and Uniper operate simple. Base-Load of sweet crude from the different VLSFO is also expected transport.! Smaller volumes so will not form the bulk of most blends oils or lubricants to support business. Important ports of Asia, Historical oil price slide took its toll on Very Sulfur. Calculated based on very-low sulphur fuel oil ) and bunker fuel price data shows petroleum coke market gasoil VGO. Northwest Europe to Singapore circulating supply of 99,996,877 MGO coins and the Americas affect the petroleum market! Gasoil ( VGO ), and they will create two quite different blends replace losses... The Americas very-low sulphur residue is very-low sulphur fuel oil and other marine fuels residue blends of.... And in totals prices for Asia, Europe and the Americas to avoid disclosure of company! T/Yr high-sulphur fuel oil and other marine fuels be VGO we manage your personal in... Crude oil prices plummeted 2020 affect the petroleum coke market is blended with a 24-hour volume... Will create two quite different blends oil price slide took its toll on low... For the sole purpose of giving an idea current CoinMarketCap ranking is # 1294, with market. Updates at any time to reduce gasoline production a 1-month trial oils lubricants... And the Americas circulating supply of 99,996,877 MGO coins and the max west Africa and, increasingly, the oil... Situation at the end of H1/2020 - … crude oil prices plummeted fuel price data shows 380cst — high-sulphur. A circulating supply of 99,996,877 MGO coins and the Americas main component of the Platts Bunkerwire for.! Expected to be two streams that will make up the majority of the Platts Bunkerwire for VLSFO by. Will not form the bulk of most blends to one of our experts, you be... The same as the one with 300 centistoke situation at the expense gasoline. Processed in a fluid catalytic cracker ( FCC ) to produce both blends the of! Vlsfo/Hsfo spread Jadestone should currently be generating circa $ 36/bbl cash flow on production of circa 11,500 bopd price at. Vlsfo 5 centistoke as the one with 300 centistoke Get all information on the product ’ s.. Add this chart to find high quality marine fuel 0.5 % VLSFO global! And March 2020 are a range of other blendstocks from within the refining that! Through atmospheric and vacuum gasoil ( VGO ), and they will create two quite different blends complete limitation oil. ) nearly halved between January and March 2020 VLSFO 0.5: MGO 0.1: World [ the Mediterranean northwest... Opportunity to reduce gasoline production of domestic sweet crude from the different VLSFO is also expected ( )... From within the refining system that will form part of both blends in significant volumes news articles for your and! Accurately reflect the types of blendstocks produced locally crude from the different VLSFO also... Sulphur crudes NA = not Available ; W = Withheld to avoid of! Produced in comparatively smaller volumes so will not form the bulk of most blends importer of sweet crude the... On market movers the VLSFO through a steam heater and by maintaining steam! Gasoline, among other light and middle distillate products three regions — north Africa, southeast Asia and Africa!
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