Singapore HSFO Premium Reaches More Than One-Month High
The 380-cst high sulphur fuel oil spot premium closed at a more than one-month high on Friday. Singapore cargoes traded at a premium of $50 a metric ton to cargo quotes, trade sources said.
Singapore’s spot premium for 380-cst high sulphur fuel oil (HSFO) ended Friday at its highest level in more than a month, supported by stronger trading. Trade sources’ data showed 380-cst HSFO changed hands at a firmer premium of $50 a metric ton to cargo quotes in Singapore. The market has remained volatile, with prompt pockets…