High sulfur fuel oil premiums in Fujairah over Singapore have climbed to a record this month, with more product heading to Asia before the big power demand season in the Middle East when air conditioners are cranked up to beat the summer heat. Reflecting the tight supply situation in Fujairah on the UAE’s east coast, …
The post Fuel oil premium hits record high in Fujairah ahead of big A/C power demand season first appeared on Hellenic Shipping News Worldwide.