Fuel Oil Price Today as on 27th May, 2025.
Fuel oil price dynamics unchanged significantly. Fuel oil markets deriving support from pricing agendas.
VLSFO (very low sulphur fuel oil ) cash differentials were rangebound near $10 per Mt.
Singapore HSFO (High Sulphur Fuel oil) markets took breather from latest highs. cash differentials for 180 cSt and 380 cSt closed at stronger premiums to Singapore quotes. HSFO/Brent crack closed at $2.5 a barrel.
Hi-5 Fuel oil spread is the premium of VLSFO over 380 cSt HSFO.
Turning to other markets, Brent is trading tight while momentum is fading. WTI is testing the resistance level. FO prices are expected to go up while LDO prices will be revised up in India for the first half of June, 2025.