Differential is the difference between the price paid or received for oil in comparison to the benchmark oil. Bunker prices slid across all grades in the Singapore market. HSFO (High Sulphur Fuel oil) prices went down on Friday in Singapore markets. VLSFO (Very Low Sulphur Fuel Oil) prices sank at the Singapore trading window. As we predicted, Furnace oil prices revised down by Rs.3460 per KL at Visakha depo in India as on 16/10/23 for the second fortnight of Oct, 2023.
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