Scrubber spread narrows to record on low refinery runs and falling oil price
Refineries are cutting runs, tightening availability of HSFO and pushing prices higher, while VLSFO tracks crude decline
The shrinking price difference between very low sulphur fuel oil and high-sulphur fuel oil is closely watched by shipowners who have invested in sulphur abatement technology to allow them to use lower cost HSFO while staying compliant with marine fuel regulations
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