Asia Fuel Oil: Spot Market Rangebound While Cracks Post Weekly Jump

Spot benchmarks for Asia fuel oil market were rangebound on Friday in thin trade, while refining cracks posted weekly increases amid steep losses in crude prices this week. Cash differentials for very low sulphur fuel oil (VLSFO) held at thin premiums over cargo quotes while bunker premiums improved slightly this week, trade sources said. Meanwhile, …

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