Maritime market update: European gas prices remain supported by storage demand

Bullish sentiment for the European gas prices has eased with weather forecast for the end of April is coming closer to seasonal norms. However, the demand for storage injections keeps prices at high levels.

Fuel oil 3.5 has slightly dropped as the inventories showed a considerable draw, 0.4 % reduction week on week and settled at 336.53 USD/t for May contracts.

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