
Asia Fuel Oil-Arbitrage spreads hammered as barge spreads soar
The front-month East-West (EW) arbitrage spread sank to a near two-week low on Friday making fresh arbitrage...
Dwindling Russian HSFO flows push NWE barge spreads to one-year high
A structural decline in Russian fuel oil exports, combined with a slow recovery in refinery runs after maintenance season in the country, are being felt on the supply side in Northwest Europe, pushing the front-month FOB Rotterdam 3.5% barge swap to minus