AVN 65.19 Decreased By ▼ -0.80 (-1.21%)
BAFL 29.76 Decreased By ▼ -0.24 (-0.8%)
BOP 4.43 Increased By ▲ 0.03 (0.68%)
CNERGY 3.63 Decreased By ▼ -0.07 (-1.89%)
DFML 12.53 Increased By ▲ 0.18 (1.46%)
DGKC 45.59 Decreased By ▼ -1.50 (-3.19%)
EPCL 46.95 Decreased By ▼ -0.15 (-0.32%)
FCCL 12.26 Decreased By ▼ -0.39 (-3.08%)
FFL 6.07 Increased By ▲ 0.37 (6.49%)
FLYNG 6.19 Decreased By ▼ -0.20 (-3.13%)
GGL 11.81 Decreased By ▼ -0.38 (-3.12%)
HUBC 68.62 Decreased By ▼ -0.87 (-1.25%)
HUMNL 5.74 Increased By ▲ 0.04 (0.7%)
KAPCO 25.29 Increased By ▲ 0.07 (0.28%)
KEL 2.10 Decreased By ▼ -0.05 (-2.33%)
LOTCHEM 25.42 Increased By ▲ 0.45 (1.8%)
MLCF 25.52 Decreased By ▼ -1.09 (-4.1%)
NETSOL 77.20 Decreased By ▼ -1.25 (-1.59%)
OGDC 86.83 Decreased By ▼ -2.73 (-3.05%)
PAEL 11.31 Increased By ▲ 0.06 (0.53%)
PIBTL 4.18 Increased By ▲ 0.03 (0.72%)
PPL 66.65 Decreased By ▼ -2.90 (-4.17%)
PRL 13.11 Decreased By ▼ -0.15 (-1.13%)
SILK 0.86 Decreased By ▼ -0.02 (-2.27%)
SNGP 41.21 Decreased By ▼ -1.27 (-2.99%)
TELE 8.11 Decreased By ▼ -0.11 (-1.34%)
TPLP 15.38 Decreased By ▼ -0.08 (-0.52%)
TRG 111.48 Decreased By ▼ -0.97 (-0.86%)
UNITY 14.16 Increased By ▲ 0.64 (4.73%)
WTL 1.21 Decreased By ▼ -0.04 (-3.2%)
BR100 4,103 Decreased By -81.8 (-1.96%)
BR30 14,841 Decreased By -266.3 (-1.76%)
KSE100 40,918 Decreased By -411.5 (-1%)
KSE30 15,043 Decreased By -308.8 (-2.01%)
Follow us

NEW DELHI: Cash premiums for 180-cst high sulphur fuel oil (HSFO) rose on Tuesday amid weakness in crude oil prices on worries over a fresh financial crisis.

The 180-cst HSFO cash differential rose by 95 cents to $4.18 a tonne, while the 380-cst HSFO cash differential fell to $6.87 a tonne.

Singapore’s cash differential for 0.5% very low sulphur fuel oil (VLSFO) held steady at $4.02 a tonne on Tuesday.

Meanwhile, sales of marine fuel, also known as bunkers, fell to an 8-month low in February at the world’s top bunkering hub Singapore as demand softened, latest official data showed on Tuesday.

Kuwait Integrated Petroleum Industries Company exported its first solid sulphur shipment from the Al Zour refinery to global markets, the state news agency said on Tuesday.

TFG Marine, majority owned by commodities trader Trafigura, aims to increase its marine fuel sales volume by up to 20% this year through expansion in Africa, the UK and the Mediterranean, a senior company executive said.

India is not obligated to buy Russian oil at rates below the price cap imposed by the Group of Seven (G7) and other Western nations, an Indian oil ministry source told Reuters on Tuesday.

Comments

1000 characters

Cash premiums for 180-cst HSFO rise

Govt did not consult ahead of announcing fuel subsidy proposal: IMF

Petrol subsidy to bikers: two options under study

No subsidized gas for fertilizer plants after May

$7.407bn borrowed from multiple financing sources in 8 months

Jul-Feb FDI down 40pc YoY

Feb FCA: CPPA-G seeks positive adjustment in Discos’ tariff

PPIB gives TCB-1 three more months for financial close

IK claims plan hatched to ‘kill’ him at FJC

PM for solving problems Dawlance facing in Pakistan

Jan, Feb 2023: FBR pays Rs45bn to exporters despite slow FASTER system