The differential shown is the daily assessed market premium or discount to Singapore spot assessments for 100,000 bl - 250,000 bl jet fuel cargoes loading from Singapore 15-30 days forward from the date of publication.

The assessment takes into account paper and physical bids, offers and deals done during the daily Singapore trading window, feedback from market participants, as well as information on a fob Malaysia and fob Indonesia basis, normalised to fob Singapore as necessary.

Price assessment details

What are the advantages of the Argus fob Singapore jet fuel differential?

The assessment is more encompassing and looks beyond activity done on a single platform to include other Asia-Pacific jet fuel trades done, especially given Singapore’s position as a trading hub in the region.

How is this assessment used?

The assessment is used in jet fuel tenders such as those offered by Indian state-controlled refiner MRPL, with major oil trading firms as tender participants. It is used by other Asia-Pacific jet fuel producers, airlines, and jet fuel exporters as well. It is also used in internal price transfers, internal benchmarking, mark-to-market pricing and market analysis.

Key price assessments

Argus prices are recognised by the market as trusted and reliable indicators of the real market value. Explore some of our most widely used and relevant price assessments.