Asia Fuel Oil-Hi-5 spread narrows more than 20% versus last week

Capt. John

Asia’s hi-5 fuel oil spread narrowed by over 20% week-on-week, reflecting a weaker market for very low sulphur fuel oil (VLSFO) while high sulphur fuel oil (HSFO) held its ground. The premium of VLSFO over 380-cst HSFO, also known as the hi-5, fell to $87.15 a metric ton on Friday, showed LSEG data...

https://www.hellenicshippingnews.com/asia-fuel-oil-hi-5-spread-narrows-more-than-20-versus-last-week/

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