This one and a half day course follows the value chain of bunker from its origins in the oilfields to the bunker fuel market. Itwill discuss the oil refiners’ economic drivers for bunker manufacturing and new MARPOL regulations, reviewing the oil marketoutcomes to which these regulations may lead.

Attendees to this course will benefit from its content as they:

• Evaluate key quality parameters under new IMO regulations for the bunker industry
• Discuss historical trends & growth drivers for bunker fuel demand
• Review non-bunker uses of fuel oil and examine why a trend towards higher quality & specifications causes a decline in such uses
• Understand pricing methodologies for bunker fuel and the role of refining & petroleum economics in pricing
• Review overall bunker market structure and evolution
• Look forward in oil markets and discuss price drivers over the past 5 years
• Understand crude oil alternatives for bunker fuel manufacturing including Middle East sours, Asian sweets & Africans andhow these affect bunker costs
• Review refinery bunker production and bunker fuel quantums produced relative to other products
• Examine determinants of bunker fuel blending
• Comprehend how crude oil price volatility translates into bunker fuel pricing
• Review sources of bunker fuel cutter stocks

For more information please contact our Singapore office via this website or at +65 6227-2758.