WFS faces analyst grilling after disappointing quarterLift from OW exit eludes company as more competition squeezes margins, and hedging 'dries up'.
Q2 profit down for WFS'Low prices coupled with reduced volatility in marine, significantly impacted profitability,' says Kasbar.
Raffles Bunkering exits Singapore marine fuels marketAfter two and a half years of operations.
Vessel caught using HFO inside ECABut it was not the one that got the highest fine of nearly $37,000.
Bunker market to be 'unaffected' by Iranian fuel oil'Market has already priced in fuel oil oversupply,' says broker.