NewsSignals AI analysis·Reuters·Oct 23, 2026

Diesel and jet fuel spot activity ticks up; east-west little changed

Grade Bbearish AI signal$BRENT$GASOIL$JET

Asian diesel and jet fuel spot activity picked up as refiners continued November sales, while diesel refining margins recovered by $2 week on week to slightly above $65 a barrel. November cargoes were mostly sold at discounts of $1–$3 per barrel amid sufficient supplies, while east-west diesel price spreads remained little changed at discounts of $150–$160 per ton. Middle-distillate prices could remain under pressure from readily available supplies and mixed winter demand expectations, although recovering refining margins may provide some support.

Bullish strength: 45/100

Diesel refining margins recovered by $2 week on week to slightly above $65 a barrel.
Diesel cash differentials regained some ground from the previous session and the prior week.
Asian spot gasoil and jet fuel prices rose in the reported session.

Bearish strength: 55/100

Diesel cargoes were mostly sold at discounts of $1–$3 per barrel, reflecting ready availability.
Jet fuel sales were brisk but remained discounted amid sufficient supply and mixed demand expectations.
East-west diesel price spreads remained at discounts of $150–$160 per ton.

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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