Fuel oil graded VLSFO and HSFO prices went down today at Singapore trading window. Asia’s cash differentials were little changed on Tuesday after cooling off earlier spree. Singapore’s 380 cSt HSFO cash differentials fell to a premium of $1.53 per Mt as the product traded lower. Cracks at a discount of $9.67 a barrel. Singapore’s…

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Fuel oil – VLSFO markets softened in Asia. VLSFO spread in Singapore weakened by $1.5/mt to trade at $10.25/Mt. China has issued an additional of quota of 3Mmts of fuel oil quotas in 2023 for non-state firms. Singapore’s 0.5% VLSFO cash premium fell. Refining crack for VLSFO fell to a premium of $10.90 a barrel.…

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VLSFO prices are down today while HSFO prices also slumped today at Singapore trading window. Refining margins for fuel oil trimmed last week with climb in inventories. Margins also rallied high due to operational issues reported at Kuwait’s Al Zour refinery. Singapore’s 0.5% VLSFO cash premiums declined with HSFO cracks closed at discounts. Crude markets…

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