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Reuters

Reuters

US Gulf Coast-bound fuel oil cargoes hit 5-yr low as refinery demand weakens

Reuters
Summary
Nutrition label

80% Informative

Fuel oil exports bound for the U.S. Gulf Coast slumped to their lowest level since January 2019 .

Cargoes departing Mexico for the Gulf Coast fell 25% month-over-month, hitting 77,000 bpd.

Saudi imports of fuel oil jumped by a quarter on the month and by just over 40% on the year .

Red Sea attacks push shippers to divert around the horn of Africa , avoiding the faster Suez Canal route.

VR Score

90

Informative language

95

Neutral language

79

Article tone

formal

Language

English

Language complexity

60

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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