Asia Fuel Oil-HSFO margin closes at nine-month high

Asia’s refining margin for 380-cst high sulphur fuel oil (HSFO) closed at a nine-month high on the last day of May, data showed, supported by tight incoming supplies this month. The prompt-month crack was pegged at a discount of $3.85 a barrel on Friday, based on LSEG data at 0830 GMT. Total supplies to Asia …

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