General News
FIS: Fuel Oil Daily Morning Report
July 25, 2023
Fuel oil cracks have been roughly flat this morning:
- Singapore’s VLSFO crack: $7.45/bbl
- Rotterdam’s VLSFO crack: $2.10/bbl
- Rotterdam’s HSFO crack: -$8.10/bbl
Singapore’s August-September VLSFO spread has narrowed to trade at a thin $1.25/mt, as cargo deliveries to Singapore have improved supply availability.
The East-West HSFO spread dropped to $7/mt from yesterday’s settlement of $8.25/mt.
