Fuel Oil Price Today as on 19th June, 2025.
Fuel oil markets moved up on Wednesday. Bunker markets remain watchful of an ongoing conflict between Iran and Iraq. The worry is that the escalation of tensions may lead to closure of ‘Straight of Hormuz’ that curtails world’s large vessel movement. Fujairah heavy fuel stocks fell 3.4 pct to 8.46 Mb in the week to June 18th as per data published by S&P Global commodity insights.
VLSFO (very low sulphur fuel oil ) cash premiums pegged at above $8 a Mt while cracks were rangebound from the previous session. Spot premiums largely stable during the day.
Singapore HSFO (High Sulphur Fuel oil) spot premiums fell in Asia for a second straight day on Wednesday. Cracks closed lower from the previous day but held in premiums over Brent and Dubai quotes as per LSEG data.
Hi-5 Fuel oil spread is the premium of VLSFO over 380 cSt HSFO.
Turning to other markets, Crude Benchmarks moved down yesterday. FO prices changed moderately while LDO prices will be revised up in India for the send half of June, 2025.
