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Asia Fuel Oil Spot market thin; HSFO cracks retain strength

Thin activity persisted in Asia’s spot fuel oil market on Tuesday, though cracks for high sulphur fuel oil (HSFO) retained support. Cash differentials for high sulphur fuel oil (HSFO) were pegged slightly higher day-on-day, reflecting a slight rebound in market structure at prompt months. However, some trade sources eyed capped recovery in the HSFO spot …