FIS: Fuel Oil Daily Evening Report

Rotterdam’s February-March HSFO spread was under pressure today, trading as low as ­-$4.00/mt, down from a previous settlement of ­-$2.75/mt.

Rotterdam and Singapore’s VLSFO spreads kept fairly flat from last week’s settlement.

Rotterdam’s February HSFO barge crack traded in a $1/mt range today, but as we approach the UK close, it printed -$25.10/bbl – only $0.15/bbl stronger than Friday.