Benchmarks mostly rangebound though HSFO contango narrows

Asia fuel oil benchmarks were mostly rangebound on Tuesday in the absence of fresh drivers, though the contango for high sulphur fuel oil (HSFO) markets narrowed from the previous session. The market structure for both 180-cst and 380-cst HSFO has shown some recovery in recent days, though the short term still appears to be adequately …

Scroll to Top