General News
FIS: Fuel Oil Daily Evening Report
September 2, 2022
The front-month ICE Brent futures printed at $94/bbl at 16.15 BST (15.15 GMT).
G7 nations finance ministers today agreed to impose a price cap on Russian oil exports, however, have not shared key details including per-barrel level of the price cap which would be determined later.
Singapore front-to second month VLSFO spread settled at $10.70/bbl, while Rotterdam settled at $5.30/bbl.
