Fuel oil price
Fuel oil markets little changed in Asia at Singapore trading window yesterday amid thin trade. HSFO markets demonstrated weak demand while VLSFO markets further losing streak due to slack demand. Turning to other markets, Crude markets went up amid bullish sentiment ignited by U.S – EU trade deal. Strong greenback and low imported by India are the prevailing bearish factors weighin on. FO LDO PRICES MAY GO DOWN in India on August 1st , 2025.
VLSFO (very low sulphur fuel oil ) prices are continued to softened, Pulling differentials slightly low. HSFO (High Sulphur Fuel oil) differentials holding in discounts due to wider gap between offers and bids. The Hi-five spread remained wider at $88 per Mt due to weak HSFO.
