General News

FIS: Fuel Oil Daily Evening Report

March 15, 2023

Chinese traders sold Singapore HSFO May and April contracts during the arbitrage window today.

Singapore HSFO crack increased by $2.10/bbl from yesterday’s settlement.

Rotterdam’s HSFO barge crack increased by $1.62/bbl from yesterday’s settlement, printing -$16.70/bbl.

Singapore and Rotterdam’s VLSFO cracks made smaller gains of $0.60/bbl and $0.80/bbl, respectively.