Asia Fuel Oil: Spot differentials slip in bearish fundamentals

Spot differentials for fuel oil fell on Tuesday, weighed by plentiful supplies and slow demand, trade sources said. High sulphur fuel oil (HSFO) market extended declines from the previous session, with premiums for spot cargoes dropping amid a contracting market structure. Meanwhile, the very low sulphur fuel oil (VLSFO) market held in narrow premiums. Downstream …

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