Portugal's Galp will start supplying its own blend of 0.5% marine fuel from November 15 at all mainland Portuguese ports, the company said in a statement Tuesday. Supply of 0.5% bunker fu

Crude futures settled slightly lower Tuesday following a largely rangebound session, as market participants awaited developments from the US-China trade negotiations.

The deal positions KLIP as a bunkering hub for ships transiting the Straits of Malacca.

"IMO [demand] is here," one trader said.

Platts understands that fixtures on these routes typically reflect vessels of a smaller size.

There has been a shift to fixing on a larger cargo basis for Suezmax voyages loading in the Caribbean in recent years.

The spread first breached the $100/mt mark on Sept 24, from which it rose to $115.27/mt on Sept 30, Platts data showed.