Asia Fuel Oil-VLSFO refining cracks rise to two-month high

Refining cracks for very low sulphur fuel oil (VLSFO) climbed to a two-month high in Asia on Friday, supported by expectations of strong global bunkering demand. Singapore’s February VLSFO crack rose to a premium of $15.04 a barrel at Friday’s Asia close (0830 GMT), based on LSEG data. LFO05SGDUBCMc1 The margin was higher by nearly …

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