Fuel Oil Price Today as on 26th May, 2025.
Fuel oil benchmarks in Asia traded down on Friday. Despite the strong cracks, Asian markets continues to be underpinned with tepid demand and hefty inflex into the spot market.
VLSFO (very low sulphur fuel oil ) cash differentials edged further down on Friday. VLSFO cash differentials pressed, closer to premium of $10 a mt while bunker premiums retreated amid lukewarm buying. Singapore HSFO (High Sulphur Fuel oil) markets retained strength. Cash differentials for HSFO closed last week in premium. HSFO under went some volatile swings near parity to cargo quotes.
Hi-5 Fuel oil spread is the premium of VLSFO over 380 cSt HSFO.
Turning to other markets, WTI futures moving amid bearish mood while Brent is in bullish mood due to increased interest. FO prices are expected to go up while LDO prices will be revised up in India for the first half of June, 2025.
