Fuel Oil Price Today as on 26th April, 2025
Fuel oil spot premiums reduced in Singapore markets. Piling up fuel oil stocks and hefty inflex of on shore stocks along with tepid demand limiting market recovery. Onshore inventories have built up to their higher in 18 months supported by strong imports from Iraq. VLSFO (very low sulphur fuel oil ) spot differentials premiums fell below $6 per metric ton . HSFO (High Sulphur Fuel oil) spot differentials inched lowered towards $2 per Mt. However margins retained strength due to lower crude oil prices
Hi-5 Fuel oil spread is the premium of VLSFO over 380 cSt HSFO.
Turning to other markets, crude markets logged in weekly losses. 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.
