General News

FIS: Fuel Oil Daily Morning Report

May 30, 2023

Singapore’s June-July HSFO and VLSFO spreads are trading actively this morning.

The East-West HSFO spread continues to narrow, trading last at $10.50/mt, which is down from Friday’s $11/mt settlement.

Chinese traders were selling Singapore’s August and September HSFO contracts during the early trading session this morning.