News 2nd Jun, 2023

FIS: Fuel Oil Daily Morning Report

Rotterdam
Singapore
HSFO
VLSFO

Singapore and Rotterdam’s VLSFO cracks have yet to trade this morning. We peg Singapore’s VLSFO crack at $8.40/bbl, and Rotterdam's VLSFO crack at $1.60/bbl.

The East-West July HSFO spread has widened by $1/mt from yesterday’s settlement, trading last at $6/mt.


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