General News
FIS: Fuel Oil Daily Evening Report
May 26, 2023
As we approach the UK close, Singapore and Rotterdam’s VLSFO cracks have been roughly flat, printing $8.65/bbl and $1.50/bbl, respectively.
Singapore’s June-July VLSFO spread has widened by $1/mt, while the port’s July-August VLSFO spread widened by $0.75/mt.
The East-West HSFO spread has narrowed to $10/mt today, down from yesterday’s $11.75/mt settlement.
