India's bunker demand slows in April on tight credit, market uncertainty

Bunker demand across India’s west and east coasts slowed in April compared with March amid tight credit and ongoing market uncertainty due to the Middle East war, while supply was moderate throughout April, traders, suppliers, and other market participants told Platts, part of S&P Global Energy, on May 4. Traders and suppliers said elevated March prices quickly exhausted buyers’ credit lines,Bunker demand across India’s west and east coasts slowed in April compared with March amid tight credit and ongoing market uncertainty due to the Middle East war, while supply was moderate throughout April, traders, suppliers, and other market participants told Platts, part of S&P Global Energy, on May 4. Traders and suppliers said elevated March prices quickly exhausted buyers’ credit lines,Read More