- Rotterdam HSFO barge crack at two-month high as demand picks up
- HSFO to move from tight Med into WAF bunker market
- European LSSR overhang sees crack spread uncouple from that of fuel oil
Historic 100-million-barrel SPR selloff represents major policy shiftThe move by Congressional appropriators this week to sell off 100 million barrels of crude oil from the US Strategic Petroleum Reserve over the next decade may not have been shocking, but it may mark the most definitive shift in US oil policy since oil export limits were lifted in December 2015.
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