General News

FIS: Fuel Oil Daily Morning Report 02 Oct 2023

October 2, 2023

Rotterdam’s front-month HSFO barge crack has weakened by $1.25/bbl this morning, to trade last at -$13.50/bbl.

This is after Turkish energy minister Alparslan Bayraktar said that the Iraq-Turkey pipeline exporting Kurdish crude will resume operations this week.

Singapore’s October-November VLSFO spread has widened by $1/mt from Friday, and its November-December spread by 2/mt.