US refiners grab unloved Russian fuel oil on back of new shipping rules

US refiners grab unloved Russian fuel oil on back of new shipping rules
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20.01.2020

MOSCOW (MRC) -- US refiners are scooping up cheap high-sulfur fuel oil for processing from Russia and the Baltic states as they take advantage of new shipping rules that have cut demand for the dirtier marine fuel, reported Reuters with referenceВ to oil traders and shipping data.US refiners Valero Corp, Chevron Corp and Phillips 66В have been buying HSFO, traders said, taking advantage

Full article at mrcplast.com

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