- Refining Margins Under Pressure as Supplies Surge, Demand Slumps.
- Singapore’s Marine Fuel Crack Spread Hits Multi-Year Lows.
- Weak Seasonal Demand Weighs on LSFO Market.
Asia’s low sulfur fuel oil (LSFO) refining margins have fallen to their lowest in more than 19 months, weighed down by high supply and poor downstream demand. The Platts front-month crack of Singapore marine fuel 0.5% sulfur to Brent crude was valued at $7.52 per barrel on March 10, following a decline to as low as $7.20 per...
https://mfame.guru/asias-low-sulfur-fuel-oil-margins-plunge-to-19-month-lows/