Blog

Singapore’s LSFO arbitrage arrivals from West seen falling further in February

Singapore’s low sulfur fuel oil arrivals from the West were seen edging lower in February, shrinking for a third consecutive month amid mostly unviable arbitrage economics, but seasonal demand weakness weighs on the fundamentals. Singapore is now expected to receive around 1.6 million-1.7 million mt LSFO from the West in February, down from around 1.8 …