Asia’s HSFO cash differentials fall to lowest since Dec 2025 on increasing supply

AI Summary

Asia's high sulfur fuel oil cash differentials fell to their largest discounts since December 2025 due to expected increased supply from the Middle East. However, tensions around the Strait of Hormuz remain a concern for potential disruptions to oil flows from the Persian Gulf.

Asia’s high sulfur fuel oil cash differentials declined July 7 to their widest discounts so far in 2026, weighed by expectations of increasing near-term supply from the Middle East, market sources said, adding that renewed tensions around the Strait of Hormuz may disrupt oil flows from the Persian Gulf. Platts, part of S&P Global Energy, ...