Refining cracks for very-low sulphur fuel oil (VLSFO) in Asia posted weekly gains as of Friday, though cash differentials have softened after a recent rally, reports XM.
The November 0.5% VLSFO crack LFO05SGDUBCMc1 rose day-on-day to a premium of $9.30 a barrel, climbing by about 6% week-on-week.
Cash premiums MFO05-SIN-DIF fell for a second straight day to a premium of $13.88 a metric ton, after hitting a four-month high earlier this week.
Bearish gasoline cracks...
https://mfame.guru/asia-fuel-oil-vlsfo-crack-posts-weekly-gains/