Pakistan State Oil Said to Buy Low-Sulfur Fuel Oil From Vitol

Pakistan State Oil Said to Buy Low-Sulfur Fuel Oil From Vitol

Oct. 7 (Bloomberg) — Pakistan State Oil Co. bought three cargoes of low-sulfur fuel oil from Vitol Group for loading October to December, according to two traders, who asked not to be identified because the information isn’t public.

Pakistan’s largest fuel retailer paid premiums of $99 to

$102 a ton for the cargoes, said the traders. This compares with premiums $98 to $104 a ton for shipments loading September to October, according to data compiled by Bloomberg News.

Details of the latest transactions are

—————————————————————-

Product:      Low-sulfur fuel oil

Quantity:     3 x 60,000 tons

Seller:       Vitol

Loading:      2 cargoes for Oct. 15-Nov. 30 at $99 a ton

premium to Middle-East 180-cst fuel oil prices

1 cargo for Dec. at $102 premium, free on board

from Malaysia

—————————————————————-

*T

 

Pakistan State Oil Said to Buy Low-Sulfur Fuel Oil From Vitol

     Oct. 7 (Bloomberg) — Pakistan State Oil Co. bought three cargoes of low-sulfur fuel oil from Vitol Group for loading October to December, according to two traders, who asked not to be identified because the information isn’t public.

     Pakistan’s largest fuel retailer paid premiums of $99 to

$102 a ton for the cargoes, said the traders. This compares with premiums $98 to $104 a ton for shipments loading September to October, according to data compiled by Bloomberg News.

     Details of the latest transactions are

—————————————————————-

Product:      Low-sulfur fuel oil

Quantity:     3 x 60,000 tons

Seller:       Vitol

Loading:      2 cargoes for Oct. 15-Nov. 30 at $99 a ton

              premium to Middle-East 180-cst fuel oil prices

              1 cargo for Dec. at $102 premium, free on board

              from Malaysia

—————————————————————-

*T