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NewsSignals AI analysis·Reuters·

HSFO premium recovers to a more than one-month high

Grade Bbullish AI signal$BRENT$WTI
Singapore's 380-cst high-sulphur fuel oil (HSFO) premium climbed to a more than one-month high as stronger trading lifted prices amid intermittent supply tightness. The HSFO premium reached $50 per metric ton, while November HSFO cracks hovered near $10 a barrel and very low-sulphur fuel oil (VLSFO) cracks exceeded $26 a barrel.

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.

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