Fuel Oil Price Today as on 21st December, 2024. Fuel oil spot markets largely stable on Friday with thin trading volumes. Flooding hefty stocks into SG markets keep weigh on. Low trade on account of year end holiday mood compounded the prevailing bearish mood. VLSFO (very low sulfur fuel oil) spot markets are getting multiple…

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Fuel oil spot markets under pressure on piling up onshore stocks at Singapore window. Stronger supplies flooded into Asia and slowing bunker demand towards year end holiday season weighed on fuel oil premiums. VLSFO (very low sulfur fuel oil) spot differentials remained in narrow premium to cargo quotes. HSFO (High Sulphur Fuel oil) 380 cSt…

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Fuel oil spot markets rebounded at Singapore trading hub in Asia. Fuel oil grades spot premiums also uplifted but capped upside momentum on plentiful supplies. The over all fuel oil supplies to Singapore are expected at 7 Million tonnes for Dec as per data. November cargo arrivals also spilled over into current month and remained…

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Fuel Oil Price Today as on 17th December, 2024. Bunker sales at Singapore markets down 8.5 pct. Volumes declined for all marine fuel grades. Spot demand trend largely luke warm in Nov that may extend into Dec month also. Bunker premiums fell to 5 month low this month. Fuel oil spot trade in Asia largely…

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Fuel oil prices in Asia are largely rangebound during the week. Fuel oil onshore inventories dropped in Singapore market, Still high compared to previous months. Supply inflows remain strong in the region. U.S, Saudi Arabia and Indonesia are the major exporters of fuel oil to the region. Most of the fuel oil heading to South…

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Fuel oil prices in Asia are in rangebound during the week. Fuel oil onshore inventories dropped in Singapore market, Still high compared to previous months. Supply inflows remain strong in the region. U.S, Saudi Arabia and Indonesia are the major exporters of fuel oil to the region. Most of the fuel oil heading to South…

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Fuel oil prices in Asia continued to soften further on Tuesday at SG-trading window in Asia. Expected heavy inflow into December and some of the Nov cargo arrivals spilled into Dec weighed on. VLSFO (very low sulfur fuel oil) cash premiums remained pegged below $3 per tonne. Backwardation widened slightly on Tuesday after multiple sessions…

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Fuel oil prices in Asia under pressure. Spot premiums for Asia’s fuel oil grades softened amid thin trade. Fuel oil supplies to Asia is expected to be heavy into this month, that keep weigh on spot prices. VLSFO (very low sulfur fuel oil) cash premiums pegged below $3 per tonne. Backwardation weakened further at the…

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VLSFO (very low sulfur fuel oil) refining margins fell below premiums of $11 a barrel on Friday, Closing at more than 3 months low. HSFO (High Sulphur Fuel oil) 380 cSt cracks closed down at discount of about $3 a barrel. Bunker premiums fell with delivery basis premium softening for both low sulphur and high…

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Fuel Oil Price Today as on 29th November, 2024. VLSFO (very low sulfur fuel oil) spot premiums continued to be pressed on persistent selling interest. Refinery margins for VLSFO held between $11.25 and $11.5 a barrel. SG onshore stock piles went up 13.2 pct to $19.23 Mb in the week to Nov.27th as per data.…

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