Risavika LNG front month has dropped by 5.6 % week on week to 23.30 EUR/MWh on mild weather last week. Supply situation remains stable in Europe, while demand was comparably low during November. However, beginning of December is forecasted to be colder than seasonal norm, which should support the prices for front month. Oil prices …

The post Maritime market update: oil products rise on hopes for demand recovery first appeared on Hellenic Shipping News Worldwide.