Fujairah’s premium for low-sulphur marine gasoil over Singapore has widened sharply since September, reaching roughly $430 per metric tonne this week, sources indicated on 5 November 2026.
The report said the gap opened from about $250/mt at the start of September to around $430/mt in the latest week, an expansion of roughly $180/mt over the period. That trajectory included a peak near $460/mt on 19 October, according to the same account.
Fujairah’s monthly average price for low-sulphur marine gasoil rose to about $1,720/mt in October, the highest monthly average the port has seen since November 2021. The source noted that this October average represents a clear step up from earlier months in 2026.
Supply constraints at the United Arab Emirates port were highlighted in the report, which stated that available volumes of both LSMGO and high-sulphur fuel oil remain limited. The limited stocks at Fujairah were cited alongside the evolving price spread with Singapore.
Traders and market observers have used Singapore as the principal comparator for regional marine fuel values, and the widening premium at Fujairah has therefore drawn attention within the bunker and chartering communities. The report did not put forward additional causes or quantify demand-side dynamics beyond the price and supply figures it published.
Price movement and recent highs
The movement since early September shows a steady firming of Fujairah values relative to Singapore, with the most pronounced increase occurring in October when the port’s monthly average climbed to the $1,720/mt level. The October figure was noted as the strongest monthly average since late 2021.
Intra-month volatility was evident, the source recorded a higher intraday premium of around $460/mt on 19 October before easing back to the roughly $430/mt level reported in the past week. The overall change from roughly $250/mt to $430/mt is consistent with the headline characterisation of a widening of about $180/mt since September.
Supply picture at Fujairah
reports recorded that both low-sulphur marine gasoil and high-sulphur fuel oil supplies at the UAE port remain restricted. The account stopped short of giving inventory volumes or firm delivery schedules, instead noting the limited availability as a current market condition.
That constrained supply, as reported, coincided with the stronger monthly average and the elevated premium over Singapore, but the source did not ascribe proportional contributions from stock levels, refinery output, or vessel demand.
Regional benchmark comparison
Singapore continued to serve in the report as the benchmark against which Fujairah’s LSMGO price was measured. The relative gap between the two hubs, as set out in the reports item, underlines a period in which Fujairah prices have diverged materially from the Singapore reference.
Taken together, the figures in the report present a concise picture: Fujairah’s LSMGO carried a premium of around $430/mt over Singapore this week, up from about $250/mt in early September, with a monthly average for October of about $1,720/mt, the highest since November 2021, and limited available supplies of both LSMGO and HSFO at the UAE port. The original reporting appeared on reports on 5 November 2026.