Asia Fuel Oil: Markets ease as Singapore inventories jump despite low net imports

Capt. John

Asia’s residual fuel markets eased on Thursday with cash premiums, time spreads and refining margins for both 0.5% very low-sulphur fuel oil (VLSFO) and high-sulphur fuel oil (HSFO) slipping from their respective highs hit in the previous session. This came as data showed Singapore fuel oil stocks rebounded sharply from multi-month lows, easing concerns of …

The post Asia Fuel Oil: Markets ease as Singapore inventories jump despite low net imports first appeared on Hellenic Shipping News...

https://www.hellenicshippingnews.com/asia-fuel-oil-markets-ease-as-singapore-inventories-jump-despite-low-net-imports/

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