The most advanced fuel oil intelligence tools for global blending, delivering actionable insights, have arrived; early access is now available!

5 February 2025 Time to read:  minutes

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Geneva, Switzerland, February 5th, 2025 – Sparta, the leader in market intelligence for oil traders, is delighted to announce the early access release of its latest vertical – Sparta for Fuel Oil. In a first for the oil market, Sparta for Fuel Oil’s proprietary blender and extensive coverage of blend component diffs enable an unparalleled forward view of blending dynamics across major fuel oil grades at global blending and bunkering hubs.

Live access to global fuel oil blending dynamics, the first of its kind

Early adopters will gain first-hand access to Sparta for Fuel Oil’s powerful new features, including Sparta’s new blender, tailor-made for fuel oil, and Sparta’s innovative new breakeven blender. This exclusive early access program is designed for fuel oil trading desks that are looking to gain an advantage over competitors with actionable insights into global blending dynamics, a major driver of fuel oil markets.

“We are thrilled to offer early access to Sparta for Fuel Oil and give users a chance to experience its capabilities before the full public launch,” said Miles Moseley, Chief Operating Officer of Sparta. “This program is not only an opportunity for businesses to get ahead but also for us to fine-tune the product based on real user insights.”

A tailor-made market intelligence platform with actionable insights for global fuel oil blending

Built to meet the needs of the fuel oil market, Sparta for Fuel Oil will provide a new set of features specifically designed for the fuel oil market:

Sparta Breakeven Blender: Sparta’s breakeven solver works backwards on certain blending components of particular interest (often big swing barrels) to calculate their workable levels into each blending hub and compares them with current landed levels, providing forward-looking insights into their behaviour.

Sparta for Fuel Oil Blender: Sparta’s proprietary live fuel oil optimiser for clear, actionable insights into global fuel oil blending components and economics.

Dirty Product Freight Calculator: Sparta’s Dirty Freight Calculator delivers instant access to reliable prompt and forward freight rates for over 400 global fuel oil routes across vessel classes.

“Many in the market rely on the same fundamentals, leading to slow decision-making and reduced competitiveness. Crucial price action insights, such as FOB diffs, Aframax rates, and landed premiums, are often overlooked, limiting traders’ ability to react to market shifts before it’s too late,” said Hoa Nguyen, commodity owner for fuel oil. “Sparta solves this by transforming fragmented and opaque fuel oil pricing data into clear, actionable insights, seamlessly integrated into traders’ and analysts’ workflows to enable faster, more informed decisions.”

Sparta for Fuel Oil is set for full release by the end of March, with frequent updates to the platform continuing throughout April and beyond.

A proven track record

Soon after its inception, in March 2022, Sparta secured a substantial $6 million Series A investment from Singular. This success later snowballed into a further $17.5 million in a Series A funding round led by the technology venture capital firm FirstMark, with participation from the existing shareholder, Singular.

Sparta delivers superior intelligence for the oil market

Sparta’s ground-breaking market intelligence already covers most of the oil barrel, with fuel oil being the next step in our journey. Sparta will be adding verticals and additional intelligence tools frequently throughout 2025 and beyond.

Secure your early adopter advantage today!

Our early adopter offers are only available for a limited time. Book a demo to see the Sparta for Fuel Oil platform in action and secure your early adopter advantage today.

To learn more about Sparta for Fuel and how it can benefit your business, please visit our dedicated fuel oil webpage or contact us at sales@spartacommodities.com.

Book a demo to see how Sparta enables you to trade with conviction

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