VLSFO margin posts weekly gain despite ample prompt supplies

Refining margins for very low sulphur fuel oil (VLSFO) in Asia posted a mild weekly gain despite heavy supply arrivals this month, data showed Friday. The front-month April margin for 0.5% VLSFO rose 5 cents from its previous session to $8.75 per barrel at the Asia close (0830 GMT), firming by 5% week-on-week. Arbitrage supplies …

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