Asia’s very low sulphur fuel oil (VLSFO) differential eased further into a deeper discount on Friday, while the 380-cst high sulphur fuel oil (HSFO) were little changed in premiums.
Cash differential for VLSFO fell to a discount of $2.43 per metric ton to Singapore quotes and cash premium for 380-CST was steady at 28 cents per ton.
INVENTORY DATA
Fuel oil stocks at the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub eased slightly to 926,000 tons in the week to October 9, from 945,000 tons in the prior week, data from Dutch consultancy Insights Global showed.
Source: Reuters
