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High sulfur fuel oil margins have unexpectedly strengthened after supply issues in North America and Europe combined with strong Asia-Pacific demand. Traders and analysts told Oil Daily of the shift.
Tighter fuel oil supply and firmer margins can raise energy input costs for feed and freight, though the link to feed commodity prices is indirect.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.