Asia Fuel Oil-VLSFO margin posts weekly drop but cash premium climbs

Asia’s very low sulphur fuel oil (VLSFO) refining margin posted a weekly decline on Friday, though the product’s cash premium recovered in recent sessions. The 0.5% VLSFO crack fell to a premium of $8.75 a barrel at the Asia close on Friday, down about 3% from last week, according to LSEG data. A recent drop …

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