VLSFO crack drops as crude climbs to 3-year highs

Asia’s 0.5% very low-sulphur fuel oil (VLSFO) crack fell to a more than four-month low on Tuesday as benchmark crude oil prices climbed to three-year highs. The front-month VLSFO crack fell to $10.56 a barrel above Dubai crude, down nearly $1 from the previous session and lowest since May 31, Refinitiv Eikon data showed. Brent …

The post VLSFO crack drops as crude climbs to 3-year highs first appeared on Hellenic Shipping News Worldwide.

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