An influx of cargoes of residual fuel oil in the Black Sea and Mediterranean markets coupled with a tight tonnage list have led freight rates for Handysize tankers to a 10-month high, according to S&P Global Platts data.

Bunker supplier Bunker Partner has started supplying 0.5% sulfur fuel oil for bunkers at a clutch of Russian Far Eastern locations, the company said on its website.

Portugal's Galp will start supplying its own blend of 0.5% marine fuel from November 15 at all mainland Portuguese ports, the company said in a statement Tuesday. Supply of 0.5% bunker fu

Crude futures settled slightly lower Tuesday following a largely rangebound session, as market participants awaited developments from the US-China trade negotiations.

The deal positions KLIP as a bunkering hub for ships transiting the Straits of Malacca.

"IMO [demand] is here," one trader said.

Platts understands that fixtures on these routes typically reflect vessels of a smaller size.

The spread first breached the $100/mt mark on Sept 24, from which it rose to $115.27/mt on Sept 30, Platts data showed.

CYE to supply 0.5%-S bunker fuel from December.

There has been a shift to fixing on a larger cargo basis for Suezmax voyages loading in the Caribbean in recent years.

Vilma Oil has supplied its first delivery of 0.5% bunker fuel at the port of Ceuta, the port authority said Monday.

Crude futures settled lower Monday, although remained within a well-worn range, pressured by continued global demand growth concerns.

"Arab Extra Light suits our units ... Arab Heavy is similar to [Iraq's] Basrah Light," a source said.

IMO 2020 prompting owners, charterers to rework CPAs to factor in performance of scrubbers and use of compliant bunkers.

New IMO 2020 sulfur limit expected to make 0.5%S bunkers dominant marine fuel.

Crude remained influenced by continued uncertainty over a preliminary trade deal between the US and China.

Company plans to sell both locally produced low sulfur straight run fuel oil and imported blends as 0.5% sulfur fuels in the region.

Timeline for sea trials is not exact but company eyeing 2021.

IMO 2020 presents various opportunities for the Chinese oil market, ESAI Energy said Thursday.