Platts Forties Sulfur de-escalator at 3-year low on firm sour crude, fuel oil

Platts Forties sulfur de-escalator was assessed July 25 at its lowest value since June 2022, as record strength in sour crude differentials and high-sulfur refined products implied a quickly shrinking cost of sulfur. Platts, part of S&P Global Commodity Insights, announced July 25 that the sulfur de-escalator effective Aug. 1 in Forties cargoes and related instruments in the Platts Market…