General News
FIS: Fuel Oil Daily Evening Report
August 31, 2023
The East-West September HSFO spread traded in a wide $6/mt range and narrowed to hit an intraday low of -$15.50/mt today, after settling at -$8.50/mt yesterday.
Singapore and Rotterdam’s September VLSFO cracks have weakened by around $0.90/bbl today, to trade at $10.25/bbl and $3.65/bbl, respectively.
Singapore’s September-October VLSFO spread has narrowed by $1.50/mt.
