SEB predicts US$450-plus fuel price spread
Norwegian bank SEB has predicted that strong demand for low-sulphur oil and limited refinery capacity will drive the difference between heavy fuel oil and gas oil prices to beyond US$450 a tonne in 2020.
Norwegian bank SEB has predicted that strong demand for low-sulphur oil and limited refinery capacity will drive the difference between heavy fuel oil and gas oil prices to beyond US$450 a tonne in 2020.