13 Aug Singapore 380 CST HSFO cash differential falls to 81-month low on supply glut

By hellenicshippingnews The cash differential for FOB Singapore 380 CST high sulfur fuel oil fell to minus $6.75/mt Wednesday, its lowest in over 81 months, due to ample supply and slow demand. The cash differential was last lower on November 4, 2008, when it was at minus $7.25/mt, Platts data showed. The market has seen record trading … Read full story ›

Source:: Hellenic shipping news Oil