Fuel Oil Price Today as on 14th May, 2025.
Fuel oil markets traded up at Singapore window. VLSFO (very low sulphur fuel oil ) market was rangebound amid an absence of fresh drivers. VLSFO cracks holding above premium of $12 a barrel. Singapore HSFO (High Sulphur Fuel oil) cash differentials for 380 cSt was back in a thin premium on Tuesday. Market backwardation widened at the prompt months for all key grades. The differentials were near parity to cargo quotes in the last trading session having recovered from discounts previously. Some spot bids for HSFO edged higher this week though broader trading momentum remained largely quiet.
Hi-5 Fuel oil spread is the premium of VLSFO over 380 cSt HSFO.
Turning to other markets, crude markets are hovering up amid bullish sentiment . FO prices are expected to go down while LDO prices may be revised down in India for the second half of May, 2025.
