General News
FIS: Fuel Oil Daily Evening Report
July 18, 2023
Singapore and Rotterdam’s VLSFO cracks strengthened today, to trade at $7.30/bbl and $1.75/bbl.
Singapore’s August-September VLSFO spread has narrowed by almost $2/mt, to trade at $3.75/mt.
Chinese traders sold Singapore HSFO contracts for August and September during the arbitrage window.
