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Asia Fuel Oil-Spot benchmarks stabilise after recent slump

Asia’s spot fuel oil benchmarks steadied on Wednesday after the market’s recent downtrend, while overall trading momentum was largely thin. Spot premium for very low sulphur fuel oil (VLSFO) inched slightly higher on Wednesday, after slumping to near parity levels to cargo quotes a day ago. Meanwhile, high sulphur fuel oil (HSFO) was little changed …