Commodity News
SunSirs: Energy, Views on Fuel Oil Up and Down on January 6
January 07 2020 17:14:16 SunSirs (Selena)
Commodity name: fuel oil
Latest price (January 6, 2020): 4,704.00 RMB/ ton
Key points: the tense relations in the Middle East have led to the continuous rise of international crude oil, the rise of the price of low sulfur asphalt, the main ingredient of domestic marine heavy oil, and the increase of freight; the market resources of ship fuel have continued to be tense, there is a strong bullish mentality in the midstream and downstream, and the cargo preparation amount is small.
Market forecast: the price of fuel oil is expected to rise in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com .
Related Information
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- 2026-09-28 SunSirs: Persistent Geopolitical Disruptions! Tight Spot Supply Keeps Fuel Oil Prices Volatile at High Levels
- 2026-09-22 SunSirs: Analysis of China Domestic Fuel Oil Market (September 21)
- 2026-09-21 SunSirs: China Domestic Fuel Oil Market Prices Rise on September 20
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