FIS: Fuel Oil Daily Evening Report

As we approach the UK market close, fuel oil cracks are printing as follows: ­

• Singapore VLSFO crack: $9.30/bbl (+$0.35/bbl on the day) ­
• Rotterdam VLSFO crack: ­$2.95/bbl (+$0.30/bbl on the day) ­
• Rotterdam HSFO barges crack: -­$29.45/bbl (flat)

Singapore’s VLSFO spreads continue to squeeze upwards, with the Dec22/Jan23 spread trading at $19.00/mt, and up from a previous $16.50/mt settlement.