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volsupply volsupply PRO FRO, 15, Short ,
FRO: OPEC and Seasonals - Sell
16 0 3
FRO, 15 Short
OPEC and Seasonals - Sell

Market normally goes into backwardation in FFAs after new years and shipping volumes falls when refineries go into maintenance and cut their crude processing demand. This year, in particular, it should fall even more given the cuts being implemented as per media in the last couple of days. A hot tip to follow the fixtures done is to download VLCC Fixtures (iPhone) ...

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