Asia Fuel Oil-Margins post weekly losses as abundant supplies weigh

Refining margins for fuel oil logged weekly declines in Asia as of Friday, weighed by abundant supplies hanging in the region. Cracks for very low sulphur fuel oil closed below premiums of $10.50 a barrel, sliding by about 10% compared to the end of last week, based on LSEG data at 0830 GMT. Spot and …

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