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Latest Reports and Analysis

Latest Analysis / Short-term Global Oil Service

Fuel Oil Foresights #160 - HSFO cracks are finally easing, but time is running out

Published: 20 March, 2025

Highlights:

Market Update – HSFO cracks are finally easing, but time is running out

Singapore HSFO cracks strengthened to US$2.3/bbl on 10 March, the highest since 4 May 2022. This comes as HSFO imports into Asia dropped m-o-m in February, mainly due to lower inflows from the Middle East and FSU.
Since ...

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Previous Issues

April 21, 2025

Fuel Oil Foresights #162 - US tariffs are a key wild card for the fuel oil market

April 7, 2025

Fuel Oil Foresights #161 - A brief respite expected for Singapore VLSFO market before downside pressure resumes in July

March 20, 2025

Fuel Oil Foresights #160 - HSFO cracks are finally easing, but time is running out

March 6, 2025

Fuel Oil Foresights #159 - Narrow Singapore Hi-5 spread will be short-lived

February 20, 2025

Fuel Oil Foresights #158 - Rebound in VLSFO market will be short-lived and cracks should ease in March

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