FUEL OIL REPORT
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Latest
Longs take profit in Sing 380 flat price and cracks; Eastern VLSFO remains more supported than NWE counterpart
Risk Shifts Into VLSFO
Very Low Sulphur Fuel Oil (VLSFO) has maintained strength this week, with players risk-on across the front complex, in contrast to HSFO.....
Get Your Ship Together
Hormuz closure boosts HSFO and VLSFO strength, led by Eastern markets as positioning flips bullish and freight surges.
Fuelled by the East
HSFO steady with stronger positioning; VLSFO led by East but momentum fading
I Fuel It Coming…
HSFO firm, bullish; 380 crowded long. VLSFO volatile but improving
Freight Carrying the Weight
3.5% neutral, HSFO crowded longs/caution, VLSFO curve bullish but momentum fading; E/W spreads strong.
Super Sour
Venezuela dominates news