Fujairah’s HSFO bunker premiums buoyed amid tighter-than-usual stockpiles

As traders expect the leaner high sulfur fuel oil product availabilities to support downstream premiums at the UAE’s key bunkering hub of Fujairah for the near term, especially amid steady demand, extended queues for barge loadings tightened schedules for prompt refueling lots. “HSFO cargo availability and [replenishment] arrivals are delayed, so now terminals are congested,” …

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