General News
FIS: Fuel Oil Daily Evening Report
February 14, 2023
The East-West HSFO contract surged to a daily high of $12/mt, almost doubling from yesterday’s settlement.
Chinese traders sold the Singapore HSFO March contract aggressively during the arbitrage window today.
Singapore and Rotterdam’s VLSFO cracks declined by $0.35/bbl, printing $9.40/bbl and $2.40/bbl, respectively.
