Fuel Oil Price Today as on 3rd July, 2025.
Fuel oil benchmarks trading down in Asia at Singapore trading hub. VLSFO (very low sulphur fuel oil ) markets found some support in recent traing session although downstream bunker premium saw a little recovery. HSFO (High Sulphur Fuel oil) differentials discounts widened on the back of thin product trade. The 380 cSt HSFO cash differentials was pegged at a discount wider than $5 per Mt to cargo quotes. The prompt market structures sank into a deeper contango .
Hi-5 Fuel oil spread is the premium of VLSFO over 380 cSt HSFO.
Turning to other markets, Crude Benchmarks prices went up yesterday. FO prices revised up while LDO prices went up in India for the first half of July, 2025.
