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Week 20: Where Did Bunker Fuel Prices Head?

Week 20: Where Did Bunker Fuel Prices Head?

Previously in this series, we noted that most of the crude tanker stocks fell in week 20, which ended on May 18. In week 20, the average Aframax rates were higher than the average VLCC rates. In this part, we’ll see how bunker fuel prices fared in week 20.