Asia Fuel Oil-HSFO 380-cst cash differential steady

NEW DELHI, Nov 13 (Reuters) - 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 $1.43 per ton. Imports of Russian-origin fuel oils into the Singapore strait in November is on course to hit their highest level since May 2025, ship-tracking data from Kpler showed. INVENTORIES Fuel oil stocks rose 1.47 million barrels to a 9-week high of 25.952 million barrels in the week to November 12, Enterprise Singapore data showed. (O/SING1) OTHER NEWS Russia’s revenues from crude oil and refined products fell again in October due to lower export volumes and weaker prices, the International Energy Agency said on Thursday, adding that Russian oil exports have been holding up so far. The global oil market faces an even bigger surplus next year of as much as 4.09 million barrels per day as OPEC+ producers and rivals lift output and demand growth slows, the International Energy Agency said. WINDOW TRADES (O/AS) 180-cst HSFO: No trade 380-cst HSFO: No trades 0.5% VLSFO: No trade ASSESSMENTS FUEL OIL CASH ($/T) ASIA CHANGE PREV RIC CLOSE CLOSE Cargo - 0.5% VLSFO 438.13 -14.44 452.57 Diff - 0.5% VLSFO -1.43 -0.04 -1.39 -DIF> Cargo - 180cst 353.89 -14.88 368.78 Diff - 180cst -8.96 0.47 -9.43 -DIF> Cargo - 380cst 351.45 -13.78 365.23 Diff - 380cst -6.03 -0.02 -6.01 -DIF> Bunker (Ex-wharf) 2.00 0.00 2.00 Premium - 380cst Bunker (Ex-wharf) 4.00 0.00 4.00 Premium - 0.5% VLSFO For a list of derivatives prices, please refer to ENSWAP/INFO or the RICs below: 180cst M1 (FO180SGSWMc1) 180cst M1/M2 (FO180SGSDMc1) 380cst M1 (FO380SGSWMc1) 380cst M1/M2 (FO380SGSDMc1) 0.5% VLSFO M1 (LFO05FSGMc1) 0.5% VLSFO M1/M2 (LFO05FSGSMc1) Cracks 180cst-Brent M1 (FO180BRTCKMc1) Cracks 180cst-Dubai M1 (FO180SGCKMc1) Cracks 380cst-Brent M1 (FO380BRTCKMc1) Cracks 380cst-Dubai M1 (FO380DUBCKMc1) Cracks 0.5% VLSFO-Brent M1 (LFO05SGBRTCMc1) Cracks 0.5% VLSFO-Dubai M1 (LFO05SGDUBCMc1) Visco 180cst/380cst M1 (FOVISSGDFMc1) Hi-5 0.5% VLSFO/380cst M1 (FO05-380SGMc1) GoFo 10PPM/0.5% VLSFO M1 (GO10FO05FSGMc1) East-West M1 (FOSGEWMc1) Barges M1 (HFOFARAAMc1) Barges M1/M2 (HFOFARAASMc1) Crack Barges-Brent M1 (HFOFARAACMc1)