General News

FIS: Fuel Oil Daily Evening Report 20 Nov 2023

November 20, 2023

VLSFO cracks have strengthen as we approach the UK close. Both Singapore and Rotterdam’s front-month VLSFO cracks have gained by $0.45/bbl since Friday, amid malfunctions at the Kuwaiti Al Zour refinery that continue to affect VLSFO production.

Singapore’s crack printed last at $17.35/bbl and Rotterdam’s at $5.45/bbl.