Fuel Oil Component FOB Diffs Pricing Basis
Sparta FOB Differentials in Fuel Oil Pricing
Blending plays a critical role in fuel oil dynamics, and component FOB diffs help determine the economics of blending while signifying shifts in supply, demand and qualities. The diffs represent premiums or discounts for a physical cargo of the component relative to their respective pricing basis.
Sparta collects information on spot diffs for over 70 different streams used for VLSFO and HSFO blending and also projects forward diffs for the next 6 months based on the latest market conditions.
The projection models include mean reversion, sulphur/viscosity/density/metals adjustment, netback to pricing centres, GPW comparison, RFCC/FCC/coker unit margins, etc.
Name |
Origin Port |
Pricing Basis Name |
Vessel Size |
Units |
UK LSFO |
IMMINGHAM |
Rott 0.5 Barge Swap |
MR |
$/mt |
NWE LSVGO |
ROTTERDAM |
Brent Swap |
MR |
$/bbl |
Turkey HSFO |
ALIAGA |
MED 3.5% FOB Swap |
MR |
$/mt |
Mariner Crude |
NORTH SEA |
Dated |
Aframax |
$/bbl |
Mariner Crude |
NORTH SEA |
Dated |
Suezmax |
$/bbl |
Iraq low-sodium HSSR |
KHOR AL ZUBAIR |
AG 180 Swap |
Suezmax |
$/mt |
Iraq HSSR 2 |
KHOR AL ZUBAIR |
AG 180 Swap |
Aframax |
$/mt |
Skikda LSSR |
SKIKDA |
Brent Swap |
Aframax |
$/bbl |
USGC Slurry |
HOUSTON |
USGC HSFO Swap |
Panamax |
$/mt |
Pakistan LSFO |
KARACHI |
AG 180 Swap |
MR |
$/mt |
Greece 4% HSFO |
AGIOI THEODOROI |
MED 3.5% FOB Swap |
Aframax |
$/mt |
Meleck Crude |
SEME |
Dated |
Suezmax |
$/bbl |
Al Zour LSSR |
MINA AL ZOUR |
Sing 0.5 Swap |
Suezmax |
$/mt |
EC India LSFO |
VIZAG |
Sing 0.5 Swap |
MR |
$/mt |
Dangote Slurry |
DANGOTE |
Rott 0.5 Barge Swap |
Suezmax |
$/mt |
Rotterdam 1% LSFO |
ROTTERDAM |
Rott 0.5 Barge Swap |
MR |
$/mt |
WC India HSFO 180cst |
MUMBAI |
Sing 180 Swap |
MR |
$/mt |
Poland HSFO |
GDANSK |
Rott 3.5 Barge Swap |
MR |
$/mt |
Singapore 10ppm |
SINGAPORE |
Sing 10ppm Swap |
MR |
$/bbl |
EC India HSFO 380cst |
VIZAG |
Sing 380 Swap |
MR |
$/mt |
Croatia LSFO |
RIJEKA |
Rott 0.5 Barge Swap |
MR |
$/mt |
WC India VGO |
SIKKA |
Dubai Swap |
MR |
$/bbl |
Kraken Crude |
NORTH SEA |
Dated |
Aframax |
$/bbl |
Kraken Crude |
NORTH SEA |
Dated |
Suezmax |
$/bbl |
Brazil HSFO |
RIO DE JANEIRO |
Rott 3.5 Barge Swap |
Aframax |
$/mt |
Brazil LSFO |
RIO DE JANEIRO |
Sing 0.5 Swap |
Aframax |
$/mt |
Dangote LSSR |
DANGOTE |
Rott 0.5 Barge Swap |
Suezmax |
$/mt |
Van Gogh Crude |
VAN GOGH |
Dated |
Aframax |
$/bbl |
Colombia HSFO |
CARTAGENA |
Rott 3.5 Barge Swap |
Panamax |
$/mt |
Italy HSFO |
FALCONARA |
MED 3.5% FOB Swap |
MR |
$/mt |
Croatia VLSFO |
RIJEKA |
Rott 0.5 Barge Swap |
MR |
$/mt |
Pakistan HSFO |
KARACHI |
AG 180 Swap |
Panamax |
$/mt |
Yombo Crude |
YOMBO |
Dated |
Aframax |
$/bbl |
MED HSVGO |
MALTA |
Brent Swap |
MR |
$/bbl |
Taiwan CFB |
MAILIAO |
Sing 0.5 Swap |
MR |
$/mt |
Ostra Crude |
OSTRA |
Dated |
Suezmax |
$/bbl |
Kuwait 2.5% HSFO |
MINA AL AHMADI |
AG 380 Swap |
Aframax |
$/mt |
South Korea LCO |
ONSAN |
Sing 10ppm Swap |
MR |
$/bbl |
AG 10ppm |
FUJAIRAH |
MOPAG Gasoil Swap |
MR |
$/bbl |
WC India LSFO |
MUMBAI |
Sing 0.5 Swap |
MR |
$/mt |
Thailand 0.5% VLSFO |
MAP TA PHUT |
Sing 0.5 Swap |
MR |
$/mt |
Pyrenees Crude |
PYRENEES |
Dated |
Aframax |
$/bbl |
Thailand HSFO |
SRI RACHA |
Sing 380 Swap |
MR |
$/mt |
Al Zour LSSR |
MINA AL AHMADI |
Sing 0.5 Swap |
Suezmax |
$/mt |
Singapore 500ppm |
SINGAPORE |
Sing 10ppm Swap |
MR |
$/bbl |
Thailand 1% LSFO |
MAP TA PHUT |
Sing 0.5 Swap |
MR |
$/mt |
Dar Blend |
BASHAYER |
Dated |
Aframax |
$/bbl |
WC India CBFS |
SIKKA |
Sing 180 Swap |
MR |
$/mt |
Indonesia V-1250 |
BALIKPAPAN |
Sing 0.5 Swap |
MR |
$/mt |
Vincent Crude |
VINCENT |
Dated |
Aframax |
$/bbl |
WC India HSFO 380cst |
MUMBAI |
Sing 380 Swap |
MR |
$/mt |
Gabon LSSR |
PORT GENTIL |
Rott 0.5 Barge Swap |
MR |
$/mt |
Taiwan MCB |
MAILIAO |
Sing 0.5 Swap |
MR |
$/mt |
Arzew LSSR |
ARZEW |
Brent Swap |
MR |
$/bbl |
Low Flash Vincent |
VINCENT |
Dated |
Aframax |
$/bbl |
South Korea 1% Slurry |
ONSAN |
Sing 0.5 Swap |
MR |
$/mt |
WC India LCO |
SIKKA |
Sing 10ppm Swap |
MR |
$/bbl |
Atlanta Crude |
ATLANTA |
Dated |
Suezmax |
$/bbl |
AG 500ppm |
FUJAIRAH |
MOPAG Gasoil Swap |
MR |
$/bbl |
NWE HSVGO |
ROTTERDAM |
Brent Swap |
MR |
$/bbl |
MED Visbroken Residue |
AGIOI THEODOROI |
MED 3.5% FOB Swap |
MR |
$/mt |
MED LSVGO |
MALTA |
Brent Swap |
MR |
$/bbl |
Rotterdam LSGO |
ROTTERDAM |
ICE LSGO |
MR |
$/mt |
MED LSGO |
MALTA |
ICE LSGO |
MR |
$/mt |
USGC LCO |
HOUSTON |
Brent Swap |
Barge |
$/bbl |
Denmark LSFO |
KALUNDBORG |
Rott 0.5 Barge Swap |
MR |
$/mt |
EC Canada Slurry |
ST JOHN |
USGC HSFO Swap |
MR |
$/mt |