FIS: Fuel Oil Daily Evening Report

The Thanksgiving holiday in the USA drew some liquidity out of the fuel oil market today. But volatile trading ensued, with Rotterdam’s HSFO barge crack trading across a $1.15/bbl range before printing $0.55/bbl above its settlement yesterday, at ­-$29.35/bbl.

Rotterdam’s VLSFO December crack printed $0.25/bbl under a settlement of $3.10/bbl yesterday. The crack moved in a tight range of $0.40/bbl today.

The East-West HSFO spread fell by $5/mt to trade at $11/mt into the UK close.