25
Jan

VLSFO softens; market eyes tepid bunker demand

Asia’s very low sulphur fuel oil (VLSFO) market weakened on Friday, while trade sources eyed lukewarm bunker demand this week. Cash premium for VLSFO extended declines for fourth trading session, closing at $8.25 a metric ton. Cargo trade was largely quiet, with trade sources expecting a lull in the coming week due to the Lunar …