General News

FIS: Fuel Oil Daily Morning Report

February 9, 2023

VLSFO cracks have risen again this morning. Singapore’s VLSFO crack is up by $0.35/bbl on the day, trading last at $10.65/bbl. Rotterdam’s VLSFO crack is up by $0.30/bbl, trading at $3.30/bbl.

A steady inflow of Russian HSFO cargoes has boosted Singapore's HSFO supply and weighed on its prices.