Asia fuel oil timespreads soften on steady to higher supply arrivals
Spot premiums were broadly unchanged in thin trade, while prompt intermonth timespreads softened into narrower backwardation as supply arrivals held steady to higher this month.
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Asia fuel oil timespreads soften on steady to higher supplies
Asia fuel oil timespreads softened into narrower backwardation amid steady to higher supply arrivals this month, while spot premiums were largely unchanged in thin trade.
Asia fuel oil markets ease, hi-five spread rangebound
Asia markets for both very low sulphur fuel oil (VLSFO) and 380-cst high sulphur fuel oil (HSFO) softened, while the hi-five spread was largely range-bound. Spot premiums and timespreads inched lower for both grades.