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Fuel oil prices under pressure. 28-02-2024.
Fuel oil – HSFO cash discounts widened in Asia on plenty of supplies in the regions. The spot price for 380 cSt slid compared to previous sessions. The cash differentials fell to a discount of $5.88 per Mt with refining margins dipped to discounts of about $13.5 a barrel. Fuel oil supplies from the middle…
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Fuel oil price moving slow. 26-02-2024
Fuel oil price remained under pressure on Friday amid slow demand and ample supplies in Asian markets. Thin demand for marine fuels weighed on fuel oil premiums. VLSFO premiums dipped while HSFO premiums stagnated in discounts in Asia. VLSFO premiums down to $20 last week that stood at $30 due to rebound in onshore supplies…
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Fuel oil prices inched lower. 23-02-2024.
Fuel oil prices dipped in Singapore markets. VLSFO prices down $3 to $640/mt. HSFO prices went down $2/mt to $447/mt today. The cash differentials for fuel oil edged lower on Thursday amid ample supplies at Singapore as per the data. The stock build was boosted by Russia – origin volumes. HSFO prices benchmarks prices remained…
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Fueloil prices up in Singapore market. 14-02-2024.
Fuel oil – VLSFO (very low sulphur fuel oil) prices trended up today. vlsfo prices went up $4 to $654/mt today. HSFO (high sulphur fuel oil) prices edged up $2/mt to $451/mt today at Singapore trading window. Furnace oil prices set to revise for every fortnight in India. Furnace oil prices in India are expected…
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Fuel oil HSFO spot discounts narrowed.9-2-2024
Fueloil – HSFO spot discounts narrowed slightly on Thursday amid quiet trade. Weekly fuel oil imports retreated after last week’s jump while exports edged higher as per the data. Online inventories in Singapore eased to a two-week low. HSFO cash differentials stuck in discounts. HSFO 380 cSt cracks held at a discount of about $11…
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Bunker premiums extended strength. 6-2-2024
Fuel oil markets continue to exist as stable market in Asia on higher demand. Prevailing Red sea crisis keep continuing disruptions to bunker markets. Higher demand from shippers keep markets tighter inturn Extending bunker premiums in Asia. Fuel oils 0.5% VLSFO cash differentials rose slightly to a premium of $7.15/tonne with margins climbed to premium…
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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…








