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Fuel Oil Price Today. 11th July, 2024

images shows fuel oil movements

Srinivas Chowdary Sunkara

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Fuel Oil Price Today as on 11th July, 2024

Fuel oil price today on 11th July, 2024 changed across all the grades at Singapore trading window. VLSFO prices up $9 per Mt to $634 per Mt. LSMGO prices $10 per Mt down to $751/mt while HSFO prices went up $10 per mt to $533 per Mt. 

Fuel oil – HSFO spot premiums slid on expected ample supplies. HPCL offered 30000 Mts HSFO cargo to be loaded between July 15 and 26th. Furnace oil retail selling prices are expected to go up in India as on 16th July, 2024. LDO prices are set to change on 16th July, 2024. Turning to other markets, Crude oil prices are going up on steady demand outlook.

Disclaimer: Views and opinions expressed here are personal. This commentary is for information purposes only and not an offer or a solicitation to sell or buy any physical commodities or financial instruments. The views and analysis are based on reliable public information available at the time of writing. This report and its content cannot be copied, redistributed or reproduced in part or whole without the prior written permission of petrobazaar.com

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