MABUX: Bunker market volatility to persist in October

According to Sergey Ivanov, Director, MABUX, September's bunker market was driven primarily by geopolitical and supply-side factors. Middle East uncertainty, reduced Gulf and Russian product flows, and tight distillate and VLSFO supply supported prices, while weaker global oil demand expectations partly offset upward pressure. The key market drivers included: Middle East conflict and Strait of […]…