Iron Ore Falls About 1.1% in Night Session; Fuel Oil Rises About 3.6%

The divergence matters more than either move: iron ore is a steel-demand proxy, fuel oil an energy-crack proxy, so the two are being priced off different drivers rather than one broad commodity signal. With no volume or contract-month detail, the session reads as thin and headline-driven, and the durability of both moves is the open question. Watch whether the split persists into the next session or unwinds as noise.