General News
FIS: Fuel Oil Daily Evening Report
January 13, 2023
VLSFO cracks in both Singapore and Rotterdam made significant gains during today’s trading session.
Singapore’s VLSFO crack jumped by $1.65/bbl on the day, to print $8.25/bbl as we approached the UK close. Rotterdam’s VLSFO crack was up by $1/bbl and flipped to a positive $0.65/bbl.
Rotterdam’s HSFO barge crack gained by $0.65/bbl, to print -$26.10/bbl.
Singapore’s February-March VLSFO spread widened by $3/mt.
