FIS: Fuel Oil Daily Evening Report

Front-month cracks on the VLSFO have remained relatively stabled over the week, remaining around an $11-12/mt range for Singapore, and $5-6/mt for Rotterdam.

Rotterdam’s HSFO barge crack for October has weakened slightly on the week, falling from -$26/bbl levels to -$27.45/bbl after the Singapore window closed today.

The day finished with marginally higher VLSFO cracks for the ports, and spreads also widening over the day, mainly on the front months.