Asia’s LSFO cash differential drops to widest discount in over 2 years

Asia’s low sulfur fuel oil cash differential slumped to its lowest level in more than two years July 19, weighed down by higher arbitrage volumes coming into the region, aggressive offers and muted buying interests for early August-loading cargoes on the physical trade window this week. Platts assessed the cash differential for Singapore marine fuel 0.5%S cargo to the Mean…