Asia Fuel Oil VLSFO cracks, cash premiums drop

Capt. John

Asia’s front-month crack for 0.5% low-sulphur fuel oil (VLSFO) went on Tuesday, but traders expect the market to remain tight in the near term. The front-month VLSFO crack jumped to $15.01 per barrel on Dubai crude compared to $15.39 per barrel a day earlier, on the Asia trading hours. “Global fuel...

https://www.hellenicshippingnews.com/asia-fuel-oil-vlsfo-cracks-cash-premiums-drop/

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