Asia Fuel Oil-Spot VLSFO logs downtrend for fifth trading day

Asia’s spot cash premium for very low sulphur fuel oil (VLSFO) fell for a fifth consecutive trading day, though refining margins held steady. Offers for VLSFO continued to soften from the previous session, with cash premium sliding to an eight-week low of $1.64 a metric ton. Singapore’s spot VLSFO market has trended lower since mid-February …

Scroll to Top