22
Nov

Asia Fuel Oil-Markets steady; Singapore inventories draw lower

Spot fuel oil markets were broadly stable on Thursday, while weekly inventories at Singapore drew lower as net imports eased. Singapore cash premium for very low sulphur fuel oil (VLSFO) was pegged slightly below $5.50 a metric ton, reflecting largely rangebound bids and offers from the previous day. Meanwhile, 380-cst HSFO was pegged at $13.25 …