Fuel Oil Price Today. 26-06-2024

image shows fuel oil price index curves

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Fuel oil price today on 26th June, 2024 unchanged in the Singapore market. VLSFO prices unchanged at $615 per Mt. LSMGO prices stood at $737/mt while HSFO prices dropped $6 per mt to $522 per Mt. 

Spot premiums for VLSFO climbed to a three week high on Tuesday on strong bids for July delivery. Trading remained thin. The cash premiums for the product was pegged at $3.25 per mt on Tuesday, after holding in a tight range of $1 to $2 per ton. On the other markets, Crude oil markets moved up today on expected bullish weekly data. Furnace oil and LDO prices are set to change on 1st July, 2024. FO prices are expected to go up on July 1st 2024.

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