# Refined fuel prices retreat in Asia, but still show supply stress | Reuters

> Gasoil, jet fuel and gasoline prices in Singapore all fell by double digits on Wednesday. The drops followed market relief over a deal that may reopen the Strait of Hormuz.

- Date: 2026-04-09 · published 2026-04-09T12:00:00.000Z
- Category: geopolitics · region Asia · magnitude medium
- Page: https://feedsoft.ai/events/10134-refined-fuel-prices-retreat-in-asia-but-still-show-supply-stress-reuters
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Refined product prices are easing on hopes of restored Middle East flows, but supply stress persists, so the decline may be limited. Lower diesel and fuel costs reduce feed transport and processing expenses.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- DIESEL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DIESEL | 2026-04-10 | 5 | -14.7% | -2.9 | Double-digit drops in Asian gasoil and other refined fuels on the Hormuz reopening deal show the product-wide selloff. |
| DIESEL | 2026-04-08 | 1 | -12.4% | -3.4 | Asian gasoil prices fell by double digits on the Hormuz deal, confirming the global middle distillate sell-off, though dated a day later. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2022-03-17 | [Oil prices bubble then implode \| Reuters](https://feedsoft.ai/events/5991-oil-prices-bubble-then-implode-reuters.md) | +32.3% | +20.2% |
| DIESEL | 2022-11-18 | [European refiners oversupplied as oil shortage fears subside](https://feedsoft.ai/events/38870-european-refiners-oversupplied-as-oil-shortage-fears-subside.md) | -9.9% | -15.1% |
| DIESEL | 2026-03-22 | [Oil prices plunge 11% on US-Iran talks to resolve hostilities in the Middle East \| Reuters](https://feedsoft.ai/events/8153-oil-prices-plunge-11-on-us-iran-talks-to-resolve-hostilities-in-the-middle-east.md) | -2.4% | -23.4% |
| DIESEL | 2026-04-13 | [Oil prices fall as supply concerns ease on hopes for US-Iran talks - CNA](https://feedsoft.ai/events/10085-oil-prices-fall-as-supply-concerns-ease-on-hopes-for-us-iran-talks-cna.md) | -8.7% | +3.8% |
| DIESEL | 2025-11-26 | [Fuel Prices Dip as Ukraine Peace Talks Continue \| Energy Intelligence](https://feedsoft.ai/events/9311-fuel-prices-dip-as-ukraine-peace-talks-continue-energy-intelligence.md) | -2.3% | -8.2% |
| WTI | 2026-10-29 | [US oil prices fall as investors gauge risks to Mideast supply By Reuters](https://feedsoft.ai/events/252-us-oil-prices-fall-as-investors-gauge-risks-to-mideast-supply-by-reuters.md) | -2.3% | — |
| WTI | 2025-06-23 | [Oil prices drop 6% as Israel-Iran ceasefire reduces Middle East supply risk \| Reuters](https://feedsoft.ai/events/8643-oil-prices-drop-6-as-israel-iran-ceasefire-reduces-middle-east-supply-risk.md) | -12.2% | -9.7% |
| WTI | 2022-03-17 | [Oil prices bubble then implode \| Reuters](https://feedsoft.ai/events/5991-oil-prices-bubble-then-implode-reuters.md) | +21.1% | +9.8% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/refined-fuel-prices-retreat-asia-still-show-supply-stress-2026-04-09/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.