FIS: Fuel Oil Daily Evening Report

All cracks are printing stronger on the day as we approach the UK market close:

• Singapore VLSFO crack: $6.20/bbl (+$0.80/bbl)
• Rotterdam VLSFO crack: ­-$3.60/bbl (+$0.70/bbl)
• Rotterdam HSFO barge crack: ­-$29.60/bbl (+$0.25/bbl)

Trading volumes in spreads has been mostly muted today as traders stayed away from taking huge risk ahead of the upcoming OPEC+ meeting.