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FIS: Fuel Oil Daily Morning Report 5 Jan 2024

January 5, 2024

Singapore's February VLSFO crack has weakened by $0.30/bbl this morning, to trade at $10.90/bbl amid news that the Kuwaiti Al Zour refinery has issued a VLSFO tender of 130,000 mt.

Egyptian government and Suez Canal Authority sign deal to develop LNG bunkering terminal

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Brent gets a boost from US rate cut hopes

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Oil market laser focused on Ukraine peace talks

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FIS: Fuel Oil Daily Morning Report 5 Jan 2024

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