VLSFO cash premium steady near $40.20/ton as HSFO decline extends
Asia’s very low sulphur fuel oil market paused its three-session rally. VLSFO cash premiums were little moved at about $40.20 a ton to Singapore quotes. HSFO spot differential continued extending its decline.
Asia's very low sulphur fuel oil markets paused rally on Thursday after gaining for three straight session as stocks at the Singapore trading hub rose.Cash premiums for VLSFO were little moved at about $40.20 a ton to Singapore quotes.The spot differential for 380-cst high sulphur fuel oil (HSFO) e…