Asia Fuel Oil-Supply and demand fundamentals diverge, some Dec spot offers emerge

Asia’s fuel oil markets were mixed on Monday as supply and demand fundamentals diverged, while very low sulphur fuel oil’s premium over a high-sulphur grade ticked up to a near one-month high. The gradual emergence of December spot offers contributed to trading liquidity. High sulphur fuel oil (HSFO) remained supported by expectations that an extension …

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