Refinery margins across Asia compressed slightly as gasoline crack spreads narrowed, while diesel valuations remained supported by resilient industrial activity in the region. Although current volumes affected represent a small fraction of global flows, the risk premium embedded in prices remains elevated.
Oil Price Today March 24 2026 Jet Fuel Demand Resilience in Asia and Freight Slowdown Impact
90 Daily Change +0. Brent crude futures inched higher, while West Texas Intermediate remained relatively flat as investors awaited fresh clarity on demand forecasts.
Market participants are closely monitoring diplomatic channels for any indication of de-escalation. High-frequency data from shipping and logistics suggest a deceleration in freight volumes, which often presages reduced fuel demand with a lag of several weeks.
Oil Price Today March 24 2026 Jet Fuel Demand and Resilient Diesel Valuations
4% to trade near $78. WTI crude followed a similar trajectory, up 0.
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