VLSFO cash premiums to Singapore rise as differentials extend gains
Asia fuel oil started the month higher Tuesday, with very low sulphur fuel oil differentials extending profits for a third straight session. VLSFO cash premiums were about $38/ton to Singapore quotes versus $33.04 a day earlier.
Asia's fuel oil markets kicked off the month in gains on Tuesday, with very low sulphur fuel oil differentials extending profits for the third consecutive session.Cash premiums for VLSFO traded at about $38 a ton to Singapore quotes, compared with $33.04 a day earlier.Meanwhile, the spot differenti…