Gasoil (0.25% sulfur) FOB Singapore
This cash assessment of gasoil has a limit of 2,500 ppm and is used typically as a heating oil and as a source for power, but is sometimes still used as a road fuel. It is traded as a differential to 10ppm, although it is a very illiquid market as higher sulfur road fuels are phased out across Asia. The assessment reflects loading of the fuel within 15-30 days from the assessment date.
Currency and unit of measure: $/b
Incoterm: FOB
Quantity: 100,000 - 250,000 bl
Time of assessment: 16:30:00 Asia/Singapore
Publishing frequency: Daily
Spec: Max 0.25% sulfur
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