23 August 2025: 16:30 BST
As an indirect victim of the devastation in Sudan, Vitol’s Fujairah refinery looks particularly vulnerable to disruption to supply as they were allegedly cut off from those grades. Dar and Nile grades formed a significant portion of the Fujairah import diet, according to Kpler data. Vitol’s 100 kb/d FRCL refinery outputs lots of low sulphur fuel and LSFO climbed today, as the prompt Sing 180 crack jumped to a high above -$2.90/bbl and the 0.5% barges crack surged to $4.60/bbl! The
prompt gasoil swap crack $23.81/bbl. Despite its exposure and the swirl of rumors over the impact of the alleged cutoff, Vitol did a turtle thing and remained unresponsive to repeated requests for clarification on the impact the lack of the normal diet would have on their Fujairah refinery. We are patiently waiting for a reply but the market reaction tells you all you need to know. LSFO jumped!
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