VLSFO and HSFO price trends by Srinivas Chowdary Sunkara as on 23/06/2023.
Singapore's cash premium for 0.5% VLSFO was pegged little changed while HSFO market was steady through out the week. On-shore inventories fell after a build for three weeks and weekly residual fuel oil stocks slipped at Singapore. Imports were also eased. Crude markets have been steady during the week and set for weekly loss.
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