NEW DELHI, Feb 19 (Reuters) - Spot differentials for high sulphur fuel oil (HSFO) were down on Thursday amid thin activity after Lunar New Year holidays.
Singapore’s 180-cst HSFO cash differential was down by about $1 to $12.48 per ton to Singapore quotes.
The cash differential for very low sulphur fuel oil (VLSFO) remained largely steady, trading within a narrow discount range so far this month.
<h3>OTHER NEWS</h3>
<ul>
<li>Oil prices rose on Thursday, driven by increasing concerns over potential military conflict between the United States and Iran as both countries stepped up military activity in the oil-producing region. (O/R)</li>
<li>Russian crude shipments in January made up the smallest portion of India’s oil imports since late 2022, according to data from industry sources, while Middle Eastern supplies rose to their highest share over the same period.</li>
</ul>
<h3>WINDOW TRADES (O/AS)</h3>
<ul>
<li>180-cst HSFO: One trade</li>
<li>380-cst HSFO: One trade</li>
<li>0.5% VLSFO: No trade</li>
</ul>
<h3>ASSESSMENTS</h3>
<h3>CASH ($/T) ASIA CHANGE PREV RIC</h3>
<h3>CLOSE CLOSE</h3>
Cargo - 0.5% VLSFO 486.86 24.17 462.68 

<blockquote></blockquote>
Diff - 0.5% VLSFO -0.35 0.24 -0.59 

-DIF&gt;
Cargo - 180cst 447.14 18.19 428.95 

<blockquote></blockquote>
Diff - 180cst 12.48 -1.33 13.80 

-DIF&gt;
Cargo - 380cst 443.67 15.73 427.94 

<blockquote></blockquote>
Diff - 380cst 15.80 -0.77 16.56 

-DIF&gt;
Bunker (Ex-wharf) 2.50 0.00 2.50
Premium - 380cst
Bunker (Ex-wharf) 3.50 0.00 3.50
Premium - 0.5%
<h3>VLSFO</h3>
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)

Reuters

ISHRS S&P Glb Engy

United States Oil Fund LP

SPDR Energy Select

Asia Fuel Oil-HSFO differential down, VLSFO range-bound