NewsSignals AI analysis·Reuters·Oct 29, 2026

VLSFO crack holds firm near $30 per barrel

Grade Bbullish AI signal$BRENT

Asian very low sulphur fuel oil cracks remained near four-year highs, with the prompt crack holding around $29.75 per barrel amid continued strength in fuel oil premiums. The VLSFO spot premium rose to $32 per metric ton, while Singapore residual fuel inventories edged down 0.9% to 18.68 million barrels in the week to October 28. Persistent strength in fuel oil refining margins could support VLSFO prices, although weaker crude markets and improving regional imports may limit further gains.

Bullish strength: 75/100

VLSFO cracks remained near four-year highs at about $29.75 per barrel.
VLSFO spot premiums increased to $32 per metric ton.
Singapore residual fuel inventories declined 0.9% to 18.68 million barrels.

Bearish strength: 25/100

Oil prices fell as hopes for peace talks eased concerns over Middle East supply disruptions.
Total fuel oil imports increased, including improved supplies from the Middle East.

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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