(EnergyAsia, March 5, Wednesday) — CST 180 high sulphur fuel oil broke through the US$500 per tonne level in Singapore on Monday as world oil prices continue to set new trading highs. Fuel oil is used mostly for power generation and shipping.On Monday, US WTI crude futures rose as high as US$103.95 a barrel in…
MARKETS: CST180 fuel oil broke US$500 p/t as WTI crude futures advanced to record $103.95 a barrel
Posted on March 4, 2008 by EnergyAsia