Asia Fuel Oil-VLSFO crack holds strength, market structure firms

Capt. John

Refining cracks for very low sulphur fuel oil (VLSFO) extended gains on Monday, while the market structure also retained support amid wider backwardation. Singapore VLSFO cracks for August closed at premiums of $12.40 per barrel on Monday, after logging weekly gains of more than 10% as of last...

https://www.hellenicshippingnews.com/asia-fuel-oil-vlsfo-crack-holds-strength-market-structure-firms/

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