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The crude oil market has witnessed some of the highest volatility in living memory in recent months, casting a spotlight on the evolving role of global crude benchmarks
ReadGlobal action to halt the spread of coronavirus has crushed demand for transportation fuels , especially jet fuel and gasoline. The imbalance in the oil market, in the most extreme example, caused US WTI NYMEX crude futures to plunge as low as $37
ReadThe Singapore bunker market recorded its highest monthly sales volume for the year in December 2019, and uptake of low sulfur bunker fuel finally brought some optimism back into the market as it falls in line with IMO 2020
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