Premium for VLSFO

As a response to expectations that supply limitation will relax in the next weeks, the very low sulphur fuel oil (VLSFO) cash premium continued its losses on Tuesday, bringing it down to a level that hasn't been seen in two months. This was done in response to forecasts that supply constraint...

July's market opening is steady to soft

On Friday, the very low sulphur fuel oil (VLSFO) market dipped a little since there was a restricted supply of blending materials for July.

According to data from Reuters, the 0.5 per cent VLSFO cash difference was at a premium of $75.67 per tonne on Friday as opposed to $77.14 per tonn...