High sulfur fuel oil prices get a boost from rising US crude exports
Update: 2025-10-09
Description
A jump in US crude exports has helped to boost prices for high sulfur fuel oil, supplies of which are currently tight. What is driving demand for US crude to South Korea and India? What is the connection between low US imports of heavy crudes and HSFO supply tightness? What is the short-term outlook for HSFO? And why is the Trump administration pushing back on international net-zero shipping fuels standards?
Jeff Mower, director of Americas oil news, digs into these questions and more with oil news editor Binish Azhar and oil price editor Iman Koutani.
Links:
Interactive: Global bunker fuel cost calculator
Platts WTI MEH AAYRG00
USGC HSFO Waterborne PUAFZ00
USGC VLSFO Barge $/mt AUGMB00
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