HSFO VLSFO MGO MDO LSMGO Price trends by Srinivas Chowdary Sunkara on 27-04-23
HSFO MDO and VLMGO traded down yesterday along with crude prices. VLSFO cracks moved flat in Singapore markets. Singapore's May-June VLSFO spread narrowed down. Methanol Bunkering is getting started in Singapore from third quarter of this year. Fuel oil stocks were down in Fujairah. Crude markets slumped around 4 pct on bearish sentiment buoyed up by recession fears.
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