Asia Fuel Oil-VLSFO firms; bunker premiums receive boost after more than four months

Asia’s market for very low sulphur fuel oil (VLSFO) logged a weekly climb, while downstream bunker premiums received an uplift after being trapped in a tight range for over four months. Singapore premiums for delivered VLSFO bunker fuel breached $16 per metric ton this week, with support coming from tighter supply for prompt delivery dates, …

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