Healthy bunker demand, tighter non-sanctioned supply to boost Asian HSFO market

The Asian high sulfur fuel oil market will likely find some tailwinds in 2025, as a continued rise in scrubber-installed ships bolster healthy bunker consumption amid limited non-sanctioned supplies, but weak utility demand due to cheaper and cleaner alternative fuels and a persistent inflow of Russian supplies into the region will partially impact market fundamentals. …

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