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Ships reap huge savings from burning LNG at today’s prices

Marine fuel oil prices have reached multi-month highs following the forced outage at Saudi Arabia’s two key crude pumping plants. This supports LNG’s proposition as an alternative bunker choice that is less subject to price shocks from such geopolitical events, FueLNG says

High-sulphur fuel oil prices surge after the crude oil outage at two plants in Saudi Arabia. This situation has has boosted liquefied natural gas’ cost advantage as a marine fuel

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