Resid/bunkers:Arbitrage prospect rallies US Gulf Coast

摘要

Market speculation that nearly 4 million barrels of high sulfur fuel oil could leave the US Gulf and Caribbean for Asia rallied USGC 3% sulfur fuel oil swaps by nearly l/barrel Wednesday afternoon.Physical 3% sulfur FO on the USG traded in the Platts assessment window at 49.25 and 49.40/barrel,compared to Tuesday's assessment at 48.40/48.60.Swaps prices for USGC 3% sulfur fuel oil led the charge,with 3%S paper for the balance-April bid as high as 49.40/barrel,up 1 from Tuesday