Asia Fuel Oil-VLSFO cash premium extends drop to seven-week low

Cash premium for very low sulphur fuel oil slipped further to a seven-week low in Asia on Monday as lower-priced offers emerged. The premium dropped to $3.44 a metric ton, extending declines to a fourth straight session. High sulphur fuel oil was steady, with the 380-cst cash differential little changed at a discount of $3.50 …

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