Fuel Oil Price Today as on 29th April, 2025
Fuel oil markets largely unchanged on Monday amid thin trading at Singapore fuel oil trading window. VLSFO (very low sulphur fuel oil ) markets broadly unchanged ahead of Mediterranean emission control area regulation. HSFO (High Sulphur Fuel oil) intermonth spread traded at a narrow backwardation for the prompt month. 380 cSt cracks eased slightly but remained in premiums. Fuel oil markets remain well supplied since last month. The New Mediterranean emission control area regulation, which comes into place starting from May and will impact bunker trading dynamics.
Hi-5 Fuel oil spread is the premium of VLSFO over 380 cSt HSFO.
Turning to other markets, crude markets remain trading in bearish zone. FO prices in India are expected to go down while LDO prices are estimated to revise down in India for the first half of May, 2025.
