General News

FIS: Fuel Oil Daily Evening Report

June 22, 2023

HSFO spreads have rallied today. Singapore’s July-August HSFO spread has widened by $2.50/mt from yesterday’s settlement, to trade at $6/mt.

Rotterdam’s July-August HSFO spread has widened by $1/mt on the day.

The East-West HSFO spread has widened by more than $6/mt today, after it settled flat yesterday. Singapore’s HSFO is currently trading at a premium over Rotterdam.