Fuel oil VLSFO prices down $21/mt to $584/mt. LSMGO prices fell $30/mt to $715/mt. HSFO prices tumbled $24/mt to $429/mt today across Singapore market. VLSFO markets softened while HSFO prices little changed on Tuesday. More arbitrage stocks are expected into Singapore. Singapore’s 0.5% VLSFO cash premium eased to $6.98 a mt. Spot trade for 380 cSt HSFO continued to emerge with cash differentials relatively stable.
Crude oil prices continued to fall after stumble overnight on Fed interest news. Furnace oil and LDO prices are set to change in India on 17th Dec, 2024.
