FIS: Fuel Oil Daily Morning Report

Singapore’s VLSFO crack has weakened by $1.10/bbl, to trade at $10.85/bbl this morning, and Rotterdam’s VLSFO crack has weakened by $0.80/bbl, to trade at $4.20/bbl.

Singapore’s September-October VLSFO spread has narrowed by $1.75/mt, from yesterday’s settlement of $11/mt.