World Fuel Services' fuel sales more than halved in the first quarter

US-based World Fuel Services saw its top line and earnings drop significantly in the first quarter compared to the same period last year.

Photo: PR / World Fuel Services

Marine fuel sales declined markedly in the first quarter at US-based fuel supplier World Fuel Services compared to the same quarter last year, shows the supplier's quarterly report.

Gross earnings in the marine business dropped 57 percent to just USD 25.4 million.

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