Asian LSFO crack against Brent crude slides to weakest level in 2.5 years

Asia’s low sulfur fuel oil refining margins have plunged to their weakest level in 2.5 years, weighed down by expectations for abundant supplies in coming weeks as higher volumes of arbitrage cargoes were likely to flow into Asia toward late December and in January. The Platts front-month crack spread for Singapore marine fuel 0.5% sulfur against Brent crude dropped to…