General News

FIS: Fuel Oil Daily Morning Report

February 7, 2023

Singapore’s VLSFO crack has gained this morning, trading last at $9.60/bbl, up by $0.61/bbl from yesterday’s settlement.

Similarly, Singapore’s March-April VLSFO spread has widened by $1/mt.

Turkey’s Ceyhan oil terminal has been shut since yesterday after an earthquake damaged oil storage tanks and led to power outages.