VLSFO Cash Differential Ends Week In Discount

Capt. John
Credit: Export Org UK

Asia’s cash differential for very-low sulphur fuel oil (VLSFO) closed the trading week in a discount to Singapore quotes on Friday as bearish fundamentals weighed, says an article published on Hellenicshippingnew.

Product’s front-month crack

Spot 0.5% VLSFO MFO05-SIN-DIF was pegged at a discount of 45 cents per metric ton, though the product’s front-month crack LFO05SGDUBCMc1 rebounded slightly day-on-day at a premium of $8.41 a barrel.

Meanwhile, cash differential for 380-cst...

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