Fuel Oil Price Today as on 19th, May, 2025.
Fuel oil prices little changed in Asia at Singapore trading window.
VLSFO (very low sulphur fuel oil ) markets retained strength during Friday trade with cash differentials closing the trading week at premium above $11 per Mt. The cracks for June dipped slightly below premiums of $13 as per LSEG data published.
Singapore HSFO (High Sulphur Fuel oil) cracks hovered to fresh highs in Asia on Friday while spot benchmarks remained capped. The 380 cSt HSFO/Brent crack for June surged to a record high of approximately $3.70 per barrel at the Asia close. This strength is driven by anticipated seasonal demand and declining crude prices. Spot benchmarks also remained firm, with cash differentials staying close to parity with cargo quotes, supported by ample prompt supply, according to market sources.
Hi-5 Fuel oil spread is the premium of VLSFO over 380 cSt HSFO.
Turning to other markets, Market positioning data showed Increasing investors interest in Brent over WTI. AS WE EXPECTED, FO prices went down while LDO prices are revised down in India for the second half of May, 2025.
