22 August 2024
VLSFO prices are close to recent lows and could be even lower next year.
VLSFO prices have rebounded though they are still close to recent lows.
Since February, Singapore VLSFO prices have traded within the range $570-650/mt, and now are closer to the low of this range. Rotterdam prices have followed a very similar trend, but at around $50/mt below Singapore.
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