Long Aug/Sep 380 spread :
Our trade idea is to long Aug/Sep 380 spread.
Hot weather in the Middle East and Persian Gulf were expected to maintain power generator. End-consumers look to cool their houses and buildings. We believe demand for HSFO in the near term will see an uptick.
![](https://onyxhub1fe01bf731.blob.core.windows.net/blobonyxhub1fe01bf731/wp-content/uploads/2024/07/image-8.png)
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