VLSFO HSFO price trends by Srinivas Chowdary Sunkara as on 03-07-2023
The spot 0.5% very low Sulphur Fuel Oil (VLSFO) cash differentials closed at a premium meanwhile 380 cSt HSFO cash differentials changed a little on Friday at Singapore trading window. Residual fuel oil inventories reportedly build up at major ports like Singapore and Fujairah. The cash differentials for fuel oil in Asian hold steady in Asia amid thin trading. Furnace oil (FO) retail selling prices revised up for the first half of July, 2023.
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