FIS: Fuel Oil Daily Evening Report

Singapore’s July-August VLSFO spread was sold off in the window and traded around $17.50/mt after reaching an intraday high of $19.75/mt.

Rotterdam’s equivalent spread was stable throughout the day, trading at $8.50/mt.

Singapore’s VLSFO crack followed a similar pattern, coming down from $13.55/bbl to settle around $13/bbl.