Asia Fuel Oil-Spot VLSFO premium extends uptrend

Capt. John

Asia’s spot premium for very low sulphur fuel oil (VLSFO) continued its rally on Thursday amid a backdrop of tight prompt supply. The cash premium was pegged above $22 per metric ton to Singapore quotes, while backwardation for the balance-September and October contract widened to $30.50 per ton....

https://www.hellenicshippingnews.com/asia-fuel-oil-spot-vlsfo-premium-extends-uptrend/

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