Asia Fuel Oil-VLSFO premium drops, HSFO discount narrows

Asia’s cash premium for very low sulphur fuel oil (VLSFO) extended a slide on Friday, while spot high sulphur fuel oil (HSFO) closed at narrower discounts. VLSFO benchmarks have been under pressure due to slower bunker purchases in February, with industry sources eyeing March demand and incoming supplies from Kuwait. The cash premium for VLSFO …

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