ENGINE: Europe & Africa Bunker Fuel Availability Outlook

AI Summary

In Northwest Europe, the availability of marine fuels remains steady according to traders, who advise a lead time of 4-5 days for orders. Fuel stock levels in the ARA hub have seen a decrease of 15% recently.

Northwest Europe Availability of marine fuels is stable in the ARA hub, a trader said. Buyers looking to bunker there are being advised a lead time of 4-5 days ahead to get good coverage from suppliers, a trader said. The ARA’s independently held fuel oil stocks decreased by 15% in April, according to Insights Global ...