Free Trial

Kuwait’s Al Zour Refinery Awards First Tender

REFINING

Kuwait’s Al-Zour refinery has awarded its first low-sulphur fuel oil tender according to MarketScreener from several sources.

  • The refinery had offered 100k t for loading between 28-29 Nov, in a tender closed on 18 Nov.
  • The cargo was sold at a premium of around $17/t fob to Singapore quotes.
  • The cargo is likely heading to Asia or the US Gulf Coast.
  • Commercial operations at the 615k b/d refinery started two weeks ago.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.