‘Striaght Of Hormuz’ is the narrow waterway between Iran and Oman, through which between 18 million and 19 Mbpd of crude oil and fuel flow i.e nearly a fifth of global consumption.

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Fuel Oil Price Today as on 15th, May, 2025. Fuel oil markets traded up at Singapore window. VLSFO (very low sulphur fuel oil ) market retained strength despite of lack of bullish clues. Both physical and derivative markets witnessed momentum. VLSFO cracks for June clung near to premiums of $13 a barrel as per data.…

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Fuel Oil Price Today as on 27th March, 2025 Fuel oil prices rebounded in SG market at deals window yesterday. VLSFO (very low sulfur fuel oil) cash differentials continued to trade in discounts However HSFO (High Sulphur Fuel oil) cash differentials gained momentum over rise in crude prices. HSFO cash premium traded at $15.11 per…

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Fuel Oil Price Today as on 7th February, 2025 Fuel oil markets in Asia sent mixed signals over uncertainty in crude markets. HSFO markets retained strength while VLSFO markets firmed down. Onshore fuel oil stocks in Singapore market edged up with most cargoes hailing from the U.S and Indonesia. VLSFO (very low sulfur fuel oil)…

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Fuel Oil Price Today as on 21st October, 2024 0.5% very low sulphur fuel oil (VLSFO) cracks prices inched up 1 pct with a closing premium of $14.18 a barrel last week. Low sulphur and high sulphur refining margins logged in increases for the second week. VLSFO spot premiums stable last week with a little…

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Fuel Oil Price Today as on 21st October, 2024 0.5% very low sulphur fuel oil (VLSFO) cracks prices inched up 1 pct with a closing premium of $14.18 a barrel last week. Low sulphur and high sulphur refining margins logged in increases for the second week. VLSFO spot premiums stable last week with a little…

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what is crude oil price?

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