Sparta Insights Webinar: Where’s the fuel oil arb today?
Sparta Insights Webinar: Where’s the fuel oil arb today?
June Goh and Jay Maroo co-present this webinar. They cover Red Sea and Hormuz disruptions tightening fuel oil supply into September, Sparta’s granular sulphur curve, the Dangote pull on Sing 0.5, and why AG HSFO has stayed unexpectedly stable.
See Sparta for Fuel Oil in action.
Key Takeaways:
▸ Asian crude rerouting is cutting runrates and residue production into September, with feedstock demand squeezing bunker blending further and supporting Sing 0.5%.
▸ Dangote’s stellar conversion margins call for a higher 0.5 East-West as Singapore tries to pull barrels back.
▸ Sparta’s sulphur curve shows Singapore’s Hi-5 fairly valued after its recent widening, while Europe’s 1% still looks undervalued on the arb.
▸ AG HSFO pricing (Iraqi 4.5% cracked, ex Fujairah) points to ample supply.
Here’s the slides from the webinar:
Speakers:
June Goh | Senior Oil Analyst, Sparta Commodities
June is a senior oil market analyst at Sparta specialising in global crude trade flows and refining economics across Asia and Europe. Her analysis is regularly cited by Bloomberg, the Financial Times, and Reuters. With a significant following in the energy community on X (@JuneGoh_Sparta), June’s insights are a staple for institutional traders navigating regional market shifts.
Connect: LinkedIn / X
Jay Maroo | Head of Product Experts, Sparta Commodities
Jay Maroo is the Head of Product Experts at Sparta Commodities covering cross-barrel global analysis. Having previously held senior roles at Brevan Howard and Vortexa, Jay is experienced in oil & shipping markets research and building analytics capabilities across global teams.
Connect: LinkedIn
About Sparta CommoditiesSparta is a leading provider of real-time market intelligence and analytics for global commodity traders. The company delivers actionable insights, price transparency, and data-driven decision-making tools, empowering traders to stay ahead in fast-moving markets. Sparta serves a diverse client base, from independent traders to multinational corporations.
Learn more at www.spartacommodities.com.
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