General News
FIS: Fuel Oil Daily Morning Report
March 8, 2023
HSFO cracks are stronger again this morning, with Rotterdam’s HSFO barge crack trading as high as $18.65/bbl, up from last night’s settlement of $19.17/bbl.
HSFO cracks are expected to see continued support from refinery feedstock demand in China.
Asia’s VLSFO demand is set to fall from March as seasonal power generation demand from north Asian countries wanes after the winter.
