By Srinivas Chowdary Sunkara // petrobazaar // 21st April, 2023.
Bunker fuels prices are falling in Singapore markets. VLSFO price down $5/mt to $592/mt. LSMGO price down $11/mt to $707/mt while HSFO price declined $9/mt to $466/mt today. LSMGO prices tumbled to multi month's low. Singapore's VLSFO crack has gained this morning. Bunker demand outlook looks better in U.S markets. Crude futures prices are falling for third session on bearish sentiment fueled by recession fears spilled over from financial markets amid gloomy economic outlook.
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