Fuel Oil Price Today as on 27th March, 2025
Fuel oil prices rebounded in SG market at deals window yesterday. VLSFO (very low sulfur fuel oil) cash differentials continued to trade in discounts However HSFO (High Sulphur Fuel oil) cash differentials gained momentum over rise in crude prices. HSFO cash premium traded at $15.11 per Mt. Over supply concerns persisted in Fuel oil markets. Asian fuel oil arrivals have hit a five month high of 7.39 Million tons up by 65 pct mom supported by elevated March/April high sulphur inter month spread of over $20 per ton.
Hi-5 Fuel oil spread is the premium of VLSFO over 380 cSt HSFO.
Turning to other markets, crude markets are moving flat today. FO prices may go down while LDO prices will be revised down in India for the first half of April.