04
Dec

Asia Fuel Oil-Premiums narrow further; market eyes Asia sale tenders

Spot premiums for fuel oil narrowed further in Asia on Wednesday, while the market eyed several sales tenders from regional refiners this week. Singapore cash premium for very low sulphur fuel oil (VLSFO) was pegged at 95 cents a metric ton to cargo quotes, with a competitive offer emerging for prompt loading dates. Meanwhile, bids …