FIS: Fuel Oil Daily Evening Report

Having traded across a dollar range today, Rotterdam’s HSFO barge crack traded at -$32.30/bbl as we approached the UK close. That was $0.10/bbl lower than yesterday’s settlement, and the crack is still under pressure from a lack of demand for physical HSFO in the ARA region.

Singapore’s December-January VLSFO spread came off by $3.25/mt in today’s session, last printing $10.00/mt.