Asia Fuel Oil: Markets steady in thin trade despite flurry of orders

Asia’s spot fuel oil markets were broadly stable on Friday in largely quiet trade, even as a flurry of bids and offers continued to emerge. Singapore cash differential for 380-cst high sulphur fuel oil (HSFO) was pegged at parity to cargo quotes, after holding in discounts since the start of the month. Iraq’s SOMO offered …

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