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. Singapore HSFO (High Sulphur Fuel oil) markets sank after a short session of bullish trade. Asia’s spot differential for 180 cSt HSFO fell into discount on Wednesday in recent volatility. Offers for Singapore cash differential softened back into discounts with trade emerging for June loading dates.
Hi-5 Fuel oil spread is the premium of VLSFO over 380 cSt HSFO.
Turning to other markets, crude markets fell on bearish weekly numbers. FO prices are expected to go down while LDO prices may be revised down in India for the second half of May, 2025.
