FIS: Fuel Oil Daily Morning Report

Singapore’s August-September HSFO spread has widened by more than $2/mt this morning, up from Friday’s settlement of $15.75/mt. Rotterdam’s August-September HSFO spread has widened by $1/mt.

Singapore’s September VLSFO crack has weakened by $0.47/bbl from Friday’s settlement.

Singapore’s August VLSFO crack has not yet traded this morning, but has been offered at $9.25/bbl, which is lower than Friday’s settlement price of $9.62/bbl.