- 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
OPEC/non-OPEC deal should end smoothly if oil above $70/b over 6 months: LukoilOPEC and non-OPEC crude producers participating in the joint output cut deal should smoothly exit the agreement to curb their production if the oil price stays at $70/b for some time, CEO of Russia's second-largest oil company Lukoil, Vagit Alekperov, said Friday, warning, however, against "hasty actions" amid an unstable market.
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