NewsSignalsAI analysis·Reuters·Nov 12, 2026

VLSFO premium firms with stronger trade

Grade Bbullish AI signal$VLSFO$BRENT

Asian very low sulphur fuel oil (VLSFO) premiums strengthened above $30 per metric ton as tighter arbitrage supplies supported demand. The VLSFO cash premium reached $31.64 per ton, up $3.59 day-on-day, while product cracks climbed near $20 per barrel; high sulphur fuel oil (HSFO) benchmarks weakened. Reduced incoming supplies could continue supporting VLSFO prices, although rising Singapore residual fuel inventories may limit further gains.

Bullish strength: 75/100

VLSFO cash premium increased to $31.64 per metric ton.
Lower arbitrage supplies supported stronger VLSFO premiums.
VLSFO product cracks extended gains.

Bearish strength: 25/100

Singapore residual fuel inventories rose 2.1% to 19.53 million barrels.
Rising inventories could limit further VLSFO price gains.

This is automated NewsSignalsAI analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

Read the original source ↗

← Browse more news analysis

Trade on MEXC

More recent source-attributed AI analysis in macro.

Europe's STOXX 600 hits record high on strong earnings, easing Mideast tensions

Europe's STOXX 600 hit a fresh record high as strong corporate earnings, easing Middle East tensions and lower oil prices boosted investor confidence. The index gained 0.3% to 665.38 points, while Germany's DAX climbed 1% to a new high; STOXX 600 companies are on track for 25% quarterly profit growth, the strongest in four years. Continued earnings strength and easing energy-cost pressures could support further gains in European equities, particularly as investors rotate away from AI-linked stocks.

Singapore oil product stocks rebound to one-month highs

Singapore's combined onshore oil product inventories climbed to 40.37 million barrels, their highest level in nearly a month, as middle and light distillate stocks rebounded. Middle distillate inventories reached approximately 8.8 million barrels, while light distillate stocks rose to 12 million barrels; residual fuel inventories also increased 2.1% to 19.53 million barrels. Rising regional fuel inventories could pressure refined-product prices, particularly if additional Northeast Asian supplies arrive in the coming weeks.

India's Gulf oil imports surpass Russia for first time since start of Iran war

India’s Persian Gulf oil imports have surpassed Russian shipments for the first time since the Iran war began, signaling a major reversal in its crude supply mix as Strait of Hormuz traffic recovers. Hormuz shipments to India have climbed to 2.1 million barrels per day this month, exceeding Russian imports of 1.8 million barrels per day, while competitive Middle Eastern pricing and higher Russian freight costs are accelerating the shift. The recovery in Gulf oil flows could strengthen Middle Eastern producers’ position in global energy markets while intensifying pressure on Russian crude exports and market share.

Oil Prices Fall as Investors Weigh U.S.-Iran Diplomacy

Oil prices declined as investors assessed the possibility of renewed U.S.-Iran negotiations, with Brent falling 1% to $91.79 per barrel and WTI dropping 1% to $85.69. JD Vance is reportedly considering direct talks with a senior Iranian security official, although discussions remain preliminary, while the IMO has verified more than 130 attacks on commercial vessels in the Strait of Hormuz. Progress toward de-escalation could further pressure crude prices, but persistent shipping threats and elevated transportation costs may limit the downside.

Browse more historical news from November 2026 →