FIS: Fuel Oil Daily Evening Report

VLSFO forward spreads strengthened throughout today’s session, with Singapore’s front-month to second-month VLSFO spread up by $1.50/mt, and Rotterdam’s up by $1/mt to print $7.25/mt.

Rotterdam’s front-month HSFO barge crack traded in a dollar range today, before closing almost net flat with its previous settlement, at -$26.60/bbl.