General News

FIS: Fuel Oil Daily Evening Report

July 6, 2023

Singapore and Rotterdam’s VLSFO cracks have been roughly flat today, printing $8.85/bbl and $2.40/bbl, respectively.

Rotterdam’s August HSFO barge crack has strenghtened by $0.70/bbl amid lower Brent values, to print -$8.05/bbl.

Chinese traders sold Singapore HSFO August and September contracts during the arbitrage window.