HSFO premium recovers to a more than one-month high
Bullish strength: 75/100
- HSFO spot premium reached a more than one-month high on stronger trading.
- Intermittent prompt supply tightness supported the fuel oil market.
- HSFO cracks remained strong near $10 a barrel for November.
- VLSFO cracks climbed above $26 a barrel.
Bearish strength: 25/100
- Prompt supply tightness has been intermittent, with conditions easing at times.
- No sustained supply disruption or continued price increase is confirmed.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.