General News
FIS: Fuel Oil Daily Morning Report
May 31, 2023
Singapore and Rotterdam’s June VLSFO cracks have weakened by $0.25-0.30/bbl, trading last at $9.20/bbl and $1.85/bbl, respectively.
Singapore’s June-July VLSFO spread has narrowed by $0.75/mt this morning.
The East-West HSFO spread continues to narrow, trading last at $9/mt, which is down from yesterday’s $9.75/mt settlement.
