ASEAN is to begin a joint stockpile of petroleum products, according to Nikkei

Newsquawk Staff · 12 Nov 2026, 03:22 UTC

ASEAN is to begin a joint stockpile of petroleum products, according to Nikkei.

What our morning note said

US Market Open, 11 Nov, 10:57 UTC · what it led with

Qatar says it has secured "at least two weeks" for diplomatic efforts between the US and Iran, though significant differences remain.
European bourses are broadly firmer; NQ outperforms, with renewed optimism in the tech sector following strong CoreWeave results.

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Headlines that moved markets

Energy headlines from our feed, and what the market did next.

"We are interested in the diplomatic track, but without making concessions", Al Arabiya citing an Iranian diplomatic source.
WTI crude+0.8%
"Washington has approved the draft memorandum of understanding that the Qatari delegation presented to Iran yesterday", Al-Araby Al-Jadeed reports citing sources close to the mediation team.
WTI crude−3.6%
Qatari mediators expect feedback from the US and Iran within 36 hours on a new proposal to advance talks, according to an official briefed on the talks cited by Reuters.
WTI crude−1.6%

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