Spot market steady; HSFO margin hits one-year high

Asia’s spot fuel oil market was little changed on Friday as cash premiums steadied in thin trade, though high sulphur fuel oil (HSFO) margin closed the week at a one-year high. The front-month margin for spot 380-cst HSFO rose to a discount of $6.86 a barrel at 0830 GMT, and was last higher in May …

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