FIS: Fuel Oil Daily Evening Report

The East-West HSFO spread traded in a wide $3/mt range, and hit a daily low of $8.75/mt.

Singapore’s August HSFO spread hit an intraday high of $13.25/mt and settled at $12/mt, up from Friday’s close of $11.50/mt.

Singapore’s VLSFO crack was relatively flat on the day at $7.60/bbl. Rotterdam’s VLSFO and HSFO cracks dropped about $0.35/bbl each.