04
Feb

HSFO retreats in volatile market activity

Asia’s high sulphur fuel oil (HSFO) market pared back on Monday after rallying higher amid recent volatility, while very low sulphur fuel oil (VLSFO) was rangebound from the previous week. Prompt intermonth spreads for 380-cst HSFO narrowed to $9 a ton on Monday, after widening to over $10 a ton on Friday, based on data …