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crude price down 5% . 7-12-2023
crude Brent Feb futures prices inched up 40 cents to $74.7 a barrel while crude WTI Jan futures prices are edged up 40 cents to $69.78 a barrel on Thursday morning Asian hours at the time of reporting. Both the benchmarks lost around 4% yesterday with Brent premium widened to $4.92 a barrel during the…
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Fuel oil VLSFO HSFO prices declined.6-12-2023.
Fuel oil graded VLSFO and HSFO prices went down today at Singapore trading window. Asia’s cash differentials were little changed on Tuesday after cooling off earlier spree. Singapore’s 380 cSt HSFO cash differentials fell to a premium of $1.53 per Mt as the product traded lower. Cracks at a discount of $9.67 a barrel. Singapore’s…
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crude oil prices continue to fall. 06-12-2023
crude oil Brent futures for Feb delivery down 13 cents to $77.07 a barrel while crude oil WTI Jan futures fall 18 cents to $72.14 a barrel on Wednesday at the time of reporting. Both the benchmarks lost around 2 % during the week since the beginning of the week. Brent premium narrowed down to…
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crude markets continue bears fest. 4-12-2023
crude oil Brent Feb futures prices slipped 76 cents to $78.12 a barrel while WTI oil futures for Jan delivery dipped 67 cents to $73.4 a barrel on Monday morning during Asian hours. Both the benchmarks lost around 2% last week despite of deeper cuts from OPEC+. Brent premium over WTI narrowed down to $4.81…
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HSFO VLSFO Fuel oil market trends. 28-11-2023
Fuel oil – VLSFO markets softened in Asia. VLSFO spread in Singapore weakened by $1.5/mt to trade at $10.25/Mt. China has issued an additional of quota of 3Mmts of fuel oil quotas in 2023 for non-state firms. Singapore’s 0.5% VLSFO cash premium fell. Refining crack for VLSFO fell to a premium of $10.90 a barrel.…
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crude moves unsteady ahead of OPEC meet. 28-11-23
crude Brent grade oil Jan futures inched up 20 cents to $80.18 a barrel while WTI oil futures for Jan delivery moving up at $75.17 a barrel on Tuesday morning during Asian hours at the time of reporting. Both the benchmarks settled down yesterday amid bearish sentiment across the market. Brent premium over WTI widened…
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Oil prices slid on lack of clues
crude today – oil markets – Brent WTI trends – analysis and interpretation
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VLSFO HSFO Fuel oil prices down today. 27-11-2023
VLSFO prices are down today while HSFO prices also slumped today at Singapore trading window. Refining margins for fuel oil trimmed last week with climb in inventories. Margins also rallied high due to operational issues reported at Kuwait’s Al Zour refinery. Singapore’s 0.5% VLSFO cash premiums declined with HSFO cracks closed at discounts. Crude markets…







