Asia’s residual fuel markets eased on Thursday with cash premiums, time spreads and refining margins for both 0.5% very low-sulphur fuel oil (VLSFO) and high-sulphur fuel oil (HSFO) slipping from their respective highs hit in the previous session. This came as data showed Singapore fuel oil stocks rebounded sharply from multi-month lows, easing concerns of …
The post Asia Fuel Oil: Markets ease as Singapore inventories jump despite low net imports first appeared on Hellenic Shipping News Worldwide.