General News
FIS: Fuel Oil Daily Evening Report 6 Nov 2023
November 6, 2023
Singapore’s front-month to second-month VLSFO spread rallied by $2/mt from Friday’s settlement.
The East-West HSFO spread rallied by $4/mt as Singapore’s HSFO barge price now trades at a substantial premium over Rotterdam’s HSFO barge price. This has come amid a $1/bbl weakening of Rotterdam’s front-month HSFO crack, which traded last at $16.65/bbl.
