Asia Fuel Oil VLSFO crack lingers near 2-year high on tight supplies

Asia’s front-month crack for 0.5% very low-sulphur fuel oil (VLSFO) dipped on Friday, but lingered close to its strongest levels in two years, buoyed by tighter regional supplies. The front-month VLSFO crack slipped to $19.27 per barrel against Dubai crude during Asian trading hours, down from Thursday’s $19.44 a barrel that was the highest since …

The post Asia Fuel Oil VLSFO crack lingers near 2-year high on tight supplies first appeared on Hellenic Shipping News Worldwide.

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