Mercuria, Petrochina Selling Fuel Oil Stored Offshore Singapore, Malaysia
Margins for fuel oil in Europe have also outperformed cleaner fuels such as diesel and gasoline following the OPEC-led decision to cut output, which has limited supplies of heavier and sour crude oil grades that yield more fuel oil, also cutting supply.
(Reporting by Jessica Jaganathan; Editing by Tom Hogue)
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