NewsSignals AI analysis·Reuters·Oct 28, 2026

VLSFO crack hits over four-year high

Grade Bbullish AI signal$BRENT

Asia's very low sulphur fuel oil crack surged to a more than four-year high, with the November VLSFO-Brent crack exceeding $29 per barrel amid volatile trading and expectations of tighter near-term supply. VLSFO spot premiums climbed to about $30 per metric ton as stronger bids supported prices, while lower arbitrage volumes into November and December added to supply concerns. Persistent supply tightness and regional disruptions could further support fuel oil refining margins, although rising inventories may provide some relief.

Bullish strength: 75/100

VLSFO-Brent crack exceeded $29 per barrel, its highest level since July 2022.
VLSFO spot premiums rose to about $30 per metric ton on stronger bids.
Expectations of lower arbitrage volumes into November and December supported the market.

Bearish strength: 25/100

Fujairah heavy fuel inventories rose 28.1% to 4.72 million barrels, potentially easing supply tightness.

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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