Low and high sulphur fuel price spread narrows to lows not seen since 2020 

The Hi-5 spread, the price differential between high and low sulphur oil, has narrowed to levels not seen since the end of 2020, the year that the global sulphur cap came into being. 

The price gap between the dominant two fuels in world shipping at the world’s top 20 fuelling hubs, as tracked by Ship&Bunker, stood at $81 per ton yesterday, a figure not recorded since the final week of 2020.

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