General News
FIS: Fuel Oil Daily Evening Report
July 31, 2023
Rotterdam VLSFO crack strengthened by $0.55/bbl, to print $4.75/bbl. Singapore’s VLSFO crack also strengthened by $0.30/bbl, to print $9.95/bbl.
Both ports' VLSFO cracks traded in a $1/bbl range today.
Singapore’s August-September HSFO spread has widened by more than $1/mt today, reflecting stronger demand for power generation.
