Average quality of VLSFO barrel may fall after oil demand improves, sources said.

**Pricing competitiveness prone to fluctuate **Methanol has ready-established infrastructure **Green methanol capacity possible, more demand needed

**Hi-5 fuel oil spread considered low **Debated climate credentials **Different 3.5%S FO demand patterns emerging

Hong Kong bunker sales 2020 have declined some 30%-40% as COVID-19 hammered demand.