Fuel oil prices went up in singapore market. 22-12-2023

Image describes fuel oil price movements in Singapore market

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Fuel oil graded vlsfo prices ticked up $9/mt to $620/mt while hsfo prices edged up $12/mt to $466/mt today at singapore trading hub.

Fuel oil cash premiums for 0.5% vlsfo closed at $6.50/mt while cracks were at a premium of $11.52 per barrel. The cash premiums for 380 cSt HSFO closed at $4.75/mt. Fuel oil onshore stocks edged lower this week due rising exports. Most of the cargoes headed to Bangladesh, China and Hong Kong. MRPL offered marine fuel oil for loading in Dec

Crude curves tilted towards bulls zone on prevailing supply fears through red sea waters. FO LDO LSHS SKO Petcoke prices are set to change on 1st jan, 2024.

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