Slightly high fuel in oil sample also contributes to lower viscosity. Does not indicate anything on one sample, but watch it over time. I've been using Blackstone samples of over 20 years, and it becomes very useful information over time. With price of newer vehicles so high, it is a very cheap investment to trend what is going on inside.
After testing one engine for years, a sample showed a high amount of coolant. Blackstone called me right away to give me heads up, and I found and fixed intake gasket before running much time on diluted oil, so I think it is more than worth it.
I'm not paid in any way by Blackstone. I have 6 vehicles and run them all several hundred-thousand miles, but am sometimes able to spot which ones to sell "as-is" before there is any real big problem.