Diesel window activity minimal, cash diffs rebound
Bullish strength: 70/100
- Diesel timespreads and cash premiums rebounded from the previous session.
- Refining margins recovered to slightly above $64 a barrel.
- Cash differentials rose above $1 a barrel.
- Jet fuel cash markets returned to premium territory as backwardation strengthened.
Bearish strength: 30/100
- Asian diesel trading activity remained minimal.
- China's November export programme and reports of lower diesel exports remain uncertain.
- Russian refiners are raising diesel production in October after export quotas were granted.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.