FIS: Fuel Oil Daily Evening Report

Rotterdam’s front-month to second-month VLSFO crack touched a low of $1.40/bbl in today’s session, before printing $1.50/bbl. The port’s VLSFO crack has plunged to record lows, and below its 20-day average of $4.05/bbl.

Meanwhile, Singapore’s VLSFO crack has dropped by $0.75/bbl, to print $11.20/bbl.

Rotterdam’s front-month HSFO barge crack has weakened by $1/bbl in the past day, and closed at -$36.10/bbl.