NewsSignals AI analysis·Reuters·Nov 10, 2026

HSFO softens further, VLSFO holds ground

Grade Bbullish AI signal$BRENT

Asian fuel oil markets diverged sharply as HSFO prices weakened further, with 380-cst HSFO cracks hitting multi-month lows while VLSFO remained comparatively resilient. The December HSFO-Brent crack fell to a two-month low of -$4.43 per barrel, while VLSFO cracks rebounded to a premium near $17 per barrel. Tighter expected VLSFO supplies could sustain the premium over HSFO, while continued weakness in crude-related demand could pressure high-sulphur fuel oil further.

Bullish strength: 55/100

VLSFO cracks rebounded to a premium near $17 per barrel.
Lower Western arbitrage supplies are expected to keep VLSFO relatively tighter.
The December VLSFO-HSFO spread widened above $137 per metric ton.

Bearish strength: 45/100

HSFO cracks extended declines to multi-month lows.
The 380-cst HSFO-Brent crack reached a two-month low of -$4.43 per barrel.
Asian fuel oil cargo prices recorded substantial daily declines.

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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