European fuel oil sulfur spreads caught between Asia and the Americas

<p>European fuel oil sulfur spreads surged in October as events further afield spurred opposing price movements for low- and high-sulfur fuel grades. A sudden easing of US oil and gas sanctions on Venezuela has sent high sulfur markets tumbling, while a mysterious shift in exports from Kuwait hit low sulfur markets in the Middle East and Asia, all against the backdrop of a gentle wind-down to an unusual European summer.<br /> In this episode of the Platts Oil Markets podcast, Francesco Di Salvo is joined by Managing Editor for fuel oil Rowan Staden-Coats.</p> <p>Related price assessments:<br /> <a title="PUABC00 - FO 3.5%S FOB Rdam Barge" href= "https://plattsconnect.spglobal.com/web/index.html#platts/priceProfile?symbol=PUABC00" target="_blank" rel="noopener">PUABC00 - FO 3.5%S FOB Rdam Barge</a><br /> <a title="PUMFD00 - Marine Fuel 0.5% FOB Rdam Barge $/mt" href= "https://plattsconnect.spglobal.com/web/index.html#platts/priceProfile?symbol=PUMFD00" target="_blank" rel="noopener">PUMFD00 - Marine Fuel 0.5% FOB Rdam Barge $/mt</a></p>