Major oil fluctuations rub off on shipping lines' fuel prices

The massive fluctuations in the oil price in recent days mean that the price of low-sulfur in the US on Wednesday was lower than that of high-sulfur fuel, notes shipping analyst Lars Jensen. Oil prices increase Thursday.

Photo: Mike Blake/Reuters/Ritzau Scanpix

by SØREN PICO

The ship fuel prices are clearly impacted by the significant fluctuations in the US WTI oil and the North Sea Brent oil in recent days.

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