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