General News
FIS: Fuel Oil Daily Morning Report
July 26, 2023
Fuel oil cracks have held firm this morning, and combined with stronger gasoline and middle distillate cracks, the market is beginning to show optimism about demand. At the moment, refinery margin improvements appear to be driven more by supply than demand.
- Singapore’s VLSFO crack: $8.30/bbl
- Rotterdam’s VLSFO crack: $2.60/bbl
- Rotterdam’s HSFO crack: -$7.90/bbl
