Fuel Oil Price Today as on 9th July, 2025.
Fuel oil benchmarks clung to some gains after two sessions of downside momentum at Singapore trading window. VLSFO (very low sulphur fuel oil ) markets are largely range bound. Cracks held near premiums of $11 a barrel to crude, largely stable from the prevuous session. HSFO (High Sulphur Fuel oil) 380 cSt front month cracks closed at a discount near $2 a barrel to crude futures based on data. Refining margins for Asia HSFO were hoverng near 3 months lows on Monday as a recent wave of sell-offs continued. Spot differentials clung steadily in discounts to cargo quotes while the prompt market structure remained in cantango.
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 LDO PRICES MAY GO DOWN in India on July 16th , 2025.