Fuel Oil Price Today as on 16th April, 2025
Fuel oil spot prices largely unchanged on Tuesday at SG trading window. Singapore cash differential for VLSFO (very low sulfur fuel oil) slightly rose with two trades emerged. HSFO (High Sulphur Fuel oil) cash differentials shown some recovery. HSFO 380 cSt Fuel oil cash differentials pegged at a discount of near $1 to Singapore quotes. Total fuel oil arrivals breached 5 million tons this month.
Hi-5 Fuel oil spread is the premium of VLSFO over 380 cSt HSFO.
Turning to other markets, crude markets continued to trade in bearish mood. FO prices decreased while LDO prices are revised down in India for the second half of April.
