NewsSignals AI analysis·Reuters·Nov 6, 2026

Markets regain ground after sharp declines

Grade Bbearish AI signal$BRENT

Asian fuel oil markets stabilized after sharp declines earlier in the week, with Singapore spot premiums edging higher as trading remained thin ahead of a public holiday. VLSFO cracks strengthened while HSFO cracks softened, widening the hi-5 spread above $132 per ton from roughly $108 previously, while ARA fuel oil inventories surged 18.2% to 901,000 tons. The combination of recovering inventories and mixed product demand could keep fuel oil markets volatile, despite the stabilization in spot prices.

Bullish strength: 40/100

Singapore spot premiums for HSFO and VLSFO edged higher to approximately $28 per ton.
VLSFO cracks strengthened.
Singapore, Fujairah, and Rotterdam inventories showed signs of recovery.

Bearish strength: 60/100

ARA fuel oil inventories increased 18.2% to 901,000 tons.
HSFO cracks softened.
Spot trading activity remained thin ahead of the Singapore public holiday.

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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