FIS: Fuel Oil Daily Evening Report

Rotterdam’s HSFO barge crack traded in a volatile $0.90/bbl range today. It printed -$25.10/bbl at the UK close, which was $0.35/bbl above Friday’s settlement.

There was no fluctuation Singapore’s front-month to second-month VLSFO spread today. It traded steady at $18.50/mt all day. Liquidity remains low for Rotterdam’s equivalent spread as it traded around $11.00/mt for the majority of the day, and closed at this level.