McQuilling Services, LLC Weekly Note(s): Number 22
The McQuilling Services Weekly Notes this week focus on (No. 22) “Bunker/Crude: A Deviation from the Norm.”
With high-cost bunkers back in the limelight and increasing their painful bite into vessel owners’ earnings, McQuilling found it a fitting time to update the bunker/crude correlation curves. But as this latest data plot illustrates, the last year has seen a bit of a deviation from the normal correlation experienced over the last 15 years.
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