A frigid winter in the Northeast gave US fuel oil markets a boost, but new regulations and more fuel switching in power generation means the fuel oil industry is facing major changes. Platts editors John-Laurent Tronche, team leader, Americas bunker fuel and residuel fuel, and Patrick Burns, forward curve, discuss lingering backwardation in the market after a tight winter, falling fuel oil production, shipping industry needs and what the future of fuel oil could hold.
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