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Wed 30 Sep 2009 14:14

BP sells 20,000-tonne fuel oil cargo - source


Oil major is reported to have sold a 380-cst parcel for mid-October loading.

BP is reported to have sold a 20,000-tonne cargo of 380-centistoke (cst) fuel oil today, according to news agency Reuters

The oil major is understood to have sold the parcel for October 15-19 loading to Hin Leong at a premium of $1.75 per tonne to first-half October average quotes, equivalent to a $3.12 premium to spot quotes.

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