General News

FIS: Fuel Oil Daily Morning Report

January 16, 2023

VLSFO cracks have come off this morning. Singapore’s crack is trading at $7.70/bbl, down from a $8.15/bbl settlement on Friday.

Rotterdam’s crack has yet to trade, but the value of the front-month VLSFO East-West spread would peg it around $0.30/bbl, down $0.30/bbl.