Vitol reports high-sulphur fuel-oil supply losses of at least 800,000 t/month through Hormuz and ~1m t/month from Russian refinery disruptions; spot premiums near $50/t vs $5.10 pre-conflict

Vitol reported high-sulphur fuel-oil supply losses of at least 800,000 tonnes per month through Hormuz, plus about 1 million tonnes per month from Russian refinery disruptions. Spot premiums approached $50 per tonne, versus $5.10 before the conflict.

Detected & updated continuously · Source: Nebula