General News
FIS: Fuel Oil Daily Evening Report
June 26, 2023
Fuel oil cracks weakened today:
- Singapore VLSFO crack: $12.75/bbl (-$0.36/bbl)
- Rotterdam VLSFO crack: $4.05/bbl (-$0.22/bbl)
- Rotterdam HSFO crack: -$7.35/bbl (-$0.55/bbl)
Chinese traders sold Singapore’s HSFO August contract during the arbitrage window.
The East-West HSFO spread narrowed to a daily low of -$5/mt, down from Friday's $1.25/mt settlement.
