Fuel Oil Price Today as on 24th June, 2025.
Fuel oil benchmarks traded down on Monday at Singapore trading window amid mild trading activity. VLSFO (very low sulphur fuel oil ) cracks held stable at premiums above $10 a barrel. Singapore HSFO (High Sulphur Fuel oil) 380 cSt cash premiums were pegged at about $4 a Mt on Monday with emergence of stronger trade. HSFO spot premiums edged higher after a drop durng last week. Cargo loadings continued to take place despite of bearish sentiment prevailed across. Voyages likely to demand higher risk premium.
Hi-5 Fuel oil spread is the premium of VLSFO over 380 cSt HSFO.
Turning to other markets, Crude Benchmarks closed down yesterday. FO prices will go up significantly while LDO prices will be revised up in India for the first half of July, 2025.
