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crude prices upticked. 6-2-2024.
crude brent april futures prices moved up 66 cents or 0.84 percent to $77.99 a barrel while wti futures for march delivery rose 50 cents or 0.68 percent to $72.78 a barrel yesterday. Both the benchmark futures are moving stable today during Asian hours at the time of reporting. Brent premium over wti widened to…
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LDO prices up. FO LSHS prices down. 1-2-2024
Looking for reliable industrial fuels? Furnace Oil (FO), Light Diesel Oil (LDO), Superior Kerosene Oil (SKO) – Industrial, Low Sulphur Heavy Stock (LSHS), and Petcoke are widely used for generating electricity and heat in various sectors. Market-linked pricing ensures cost-effectiveness, with recent revisions lowering FO and LSHS prices while LDO prices went up. Trust these…
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Fuel oil premium dipped. 31-01-2024
Fuel oil cargo premium softened on ample supplies reported in Asia market. VLSFO cargo premium eased despite of higher demand backed by red-sea tensions. Fuel oil cargo vessels are rerouting to avoid red sea water that escalated freight charges and delaying to reach destinations. Higher freight charges inturn inflating product cost that keep weigh on…












