NewsSignalsAI analysis·Reuters·Nov 12, 2026

Diesel sale talks active for December despite quiet window

Grade Bbearish AI signal$BRENT

Asian diesel markets remain active behind the scenes, with several negotiations underway for December cargoes despite muted trading activity for a fourth day this week. December diesel deals were negotiated at discounts of $2 or more to Singapore FOB quotes, while Singapore oil product inventories climbed to nearly one-month highs. Rising inventories and continued Chinese export supply could pressure Asian diesel prices, although ongoing December buying interest may provide support.

Bullish strength: 40/100

Several negotiations for December diesel cargoes remain active.
Asian buyers are purchasing discounted Atlantic Basin crude.
Refining margins remained slightly above $61 per barrel.

Bearish strength: 60/100

Singapore oil product inventories climbed to nearly one-month highs.
China's November diesel exports are expected to reach around 800,000 metric tons.
December diesel deals were negotiated at discounts of $2 or more to Singapore FOB quotes.
Asian jet fuel market weakness continues.

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

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