U.S. Gulf Coast Imports of Straight-Run Fuel Oil at Record as Global Supply Jumps

Imports of straight-run fuel oil (SRFO) to the U.S Gulf Coast were set to climb to record levels this month as Mideast and African suppliers ramped up exports and U.S. refiners scrambled for heavy feedstocks, according to data from ship tracker Kpler. The increased imports of SRFO, a feedstock processed through secondary refining units and … Read more