Bunker prices down again; is there more to come?
“It’s the economy…..”
VLSFO prices are now back to levels at the start of this year. After all the extremes of this year, centring on the Russian invasion of Ukraine and mid-year tightness in the products markets, the hot topic has now come back round to the global economy; it always does. It’s an occasion to re-use a slogan from the 1992 US election; “It’s the economy, stupid”.
Source: Integr8 Fuels