SINGAPORE: Spot fuel oil cash premiums in Asia were little changed on Thursday amid largely thin trade, while landed inventories for fuel oil rose by a modest 1% at Singapore.
The 0.5% very low sulphur fuel oil (VLSFO) cash premium climbed 78 cents to $20.72 over Singapore quotes on Thursday, while the 380-cst high sulphur fuel oil (HSFO) cash premium edged 25 cents higher to $6.21 over Singapore quotes.
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