U.S. West Coast Refiners Tap Malaysian Supply

AI Summary

A cargo of low-sulfur fuel oil from Malaysia is en route to a U.S. West Coast refinery, marking the first such shipment in three years amid tightened global feedstock supplies linked to the closure of the Strait of Hormuz. The shipment is operated by Petronas and transported by the Solomon Sea tanker.

A cargo of fuel oil from Malaysia is making its way to a refinery on the U.S. West Coast in the first such shipment in three years as global supply of feedstock for refineries has tightened in recent months due to the closure of the Strait of Hormuz. The Solomon Sea tanker, laden with more than 540,000 barrels of low-sulfur and straight-run (LSSR) fuel oil, departed from Malaysia’s PRefChem refinery operated by state oil and gas giant Petronas last week, tanker data on MarineTraffic shows. The cargo is set to arrive in the United States in…