Asia Fuel Oil-Cash differentials hold stable in thin trade

Cash differentials for fuel oil were little changed amid thin trade in Asia on Monday, while refining crack spreads were also rangebound from last week. Differentials for low-sulphur and high-sulphur grades held in steady discounts, though contango intermonth spreads narrowed for high-sulphur grades. Front-month cracks for very low sulphur fuel oil were at premiums of …

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