Asia’s spot market differentials for key fuel oil grades were little changed on Thursday amid thin activity at the trading window.
Spot differentials of high sulphur fuel oil (HSFO) traded at a discount $6.03 per ton to cargo quotes, while differentials for very low sulphur fuel oil traded at a discount of $1.43 per ton.
Imports of Russian-origin fuel oils into the Singapore strait in November is on course to hit their highest level since May 2025, ship-tracking data from Kpler showed.
INVENTORIES
Fuel oil stocks rose 1.47 million barrels to a 9-week high of 25.952 million barrels in the week to November 12, Enterprise Singapore data showed.
