FOB Singapore 92 RON Spread & MRPL Trend

Asia and Middle Eastern Gasoline Daily Market Analysis / India’s MRPL heard offering 75,000 mt of gasoline / India’s Feb gasoline exports down 1.36% MOM

Jun 02, 2026

The Asian gasoline market softened March 25, as India’s MRPL was heard offering gasoline along with optimism regarding a potential US-Iran ceasefire. India’s MRPL was heard offering 75,000 mt of 95 RON non-oxy gasoline for loading over April 6-7, previously reported. “Oil fell as reports of a US diplomatic push to end the Iran war overshadowed news of more troops … after Israel’s Channel 12 said Washington was seeking a one-month ceasefire and the New York Times reported the US sent Tehran a 15-point plan,” previously reported. However, regional supplies in the straits were still heard to be low, a Singapore-based trader said. The Philippine government has declared a national emergency due to concerns over the country’s energy security, as the flow of oil through the Strait of Hormuz remains...

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