An unexpected fuel oil pipeline maintenance has resulted in the suspension of supplies.

"Sinopec's spot offer is high, that's why prices didn't come down," a supplier said.

"We feel that the market is taking the supply risks too lightly at present and expect oil prices to rise in the coming weeks, " Commerzbank analysts said.

Trump admin discussed delaying the rollout of the IMO regulations past Jan 2020.

The ship and port emissions toolkits have been developed under the GEF-UNDP-IMO Global Maritime Energy Efficiency Partnerships Project.

The volume will trickle back into the trading chain, a supplier and trader said.

Traders have given up storage tanks due to high costs, which led to lower stocks, trade sources said.

The companies aim to transform Turkey and East Mediterranean to a prominent LNG bunker products supply center.

Coker will result in loss of up to 200,000 mt/month of HSFO in the region.

"I think premiums will continue to be high until the end of the year," a Fujairah bunker fuel trader said.

US commercial crude stocks rose 6.49 million barrels to a 15-week high of 416.44 million barrels in the week ended October 12. EIA data showed.

Stocks of heavy distillates and residue slipped by 0.3% on the week to 7.913 million barrels.

Its base case is for a modest decline in inventories in the Q4, which will likely keep prices somewhere around $80/b, Currie said.

Sources said company barges were not operating as of Wednesday.