US September Fuel Oil Deliveries 'Confound' View That Bunker Demand has Dropped: API
US fuel oil deliveries reached 0.4 million b/d in September, up by 2.9% from August and by 5.3% from September 2021.
Source: shipandbunker.com
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US fuel oil deliveries reached 0.4 million b/d in September, up by 2.9% from August and by 5.3% from September 2021.
About 1.8% of the VLSFO samples analysed by Verifuel in the third quarter of 2022 were found to be off-specification.
September's changes left Panama's Q3 total at 1.3 million mt, up by 11.9% on the year.
Buyers taking on these less familiar blends should be aware of what they're getting into, Steve Bee of VPS tells Ship & Bunker.
The report estimates that more than one million mt/year of off-specification fuels are sold in the global bunker market.