
4 mbd Daily Trade
8.7 mbd Total Market
Fuel oil is cost-effective and available. It has two main uses: power generation and ship's bunker fuel: 40% of demand is for bunkers. We supply both markets.
Because fuel oil generally trades at a discount to crude, refiners tend to reduce the amount they produce. Over time, these trends will constrain supply and increase pressure on prices.
Fuel Oil
