Fuel Oil Price Today as on 25th June, 2025.
Fuel oil spot premiums fell in Asia on Tuesday. Plentiful inflex of fuel oil and uninruption of ME supplies through ‘Straight of Hormuz’ weighed on fuel oil spot premiums. Incoming supplies from ME totalled about 1.5 Million tons for this month indicated stable to slightly higher from last month. A fuel oil cargo scheduled in early July from Kuwait’s al-Zour refinery totalling 130000 tons was withdrawn, could not impact prices.
VLSFO (very low sulphur fuel oil ) markets softened due to reduced offers from spot markets. HSFO (High Sulphur Fuel oil) spot markets traded lower with narrow backwardation and weaking cracks.
Hi-5 Fuel oil spread is the premium of VLSFO over 380 cSt HSFO.
Turning to other markets, Crude Benchmarks opened up today. FO prices will go up significantly while LDO prices will be revised up in India for the first half of July, 2025.
