Asia Fuel Oil: Cracks for 380-cst HSFO at multi-year high
Asia’s refining cracks for 380-cst high sulphur fuel oil (HSFO) hit a multi-year high on Wednesday, buoyed by a drop in crude oil futures and seasonal market strength into late-Q2. Singapore 380-cst HSFO/Brent crack (FO380BRTCKMc1) closed at a premium …