# Weekly Energy Market Situation—July 5, 2022 - Fuels Market News

> US petroleum inventories rose after a period of tightness, with ULSD stocks at about 30.6 days of supply and refinery utilisation at 95% of capacity. Crude stocks fell over the same period, and spot futures moved lower as July began.

- Date: 2022-07-05 · published 2022-07-05T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/11247-weekly-energy-market-situation-july-5-2022-fuels-market-news
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Rebuilding product stocks eases the US distillate shortage and weighs on diesel and crude futures. Refinery operations near capacity leave limited room for further supply gains.

## Read by commodity

- WTI: bearish ▼
- DIESEL: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DIESEL | 2022-07-06 | 5 | -17.6% | -3.2 | Rising US petroleum inventories and ULSD stocks at about 30.6 days of supply eased the tightness premium in diesel. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2020-05-19 | [Weekly Energy Market Situation, May 18, 2020 - Fuels Market News](https://feedsoft.ai/events/53319-weekly-energy-market-situation-may-18-2020-fuels-market-news.md) | -2.3% | +19.1% |
| DIESEL | 2020-07-29 | [EIA Gasoline and Diesel Retail Prices Update, July 28, 2020 - Fuels Market News](https://feedsoft.ai/events/52310-eia-gasoline-and-diesel-retail-prices-update-july-28-2020-fuels-market-news.md) | +0.9% | +0.4% |
| DIESEL | 2017-06-27 | [EIA Gasoline and Diesel Retail Prices Update (Week Ended June 26, 2017) - Fuels Market News](https://feedsoft.ai/events/70696-eia-gasoline-and-diesel-retail-prices-update-week-ended-june-26-2017-fuels.md) | +8.3% | +13.7% |
| DIESEL | 2017-06-20 | [EIA Gasoline and Diesel Retail Prices Update (Week Ended June 19, 2017) - Fuels Market News](https://feedsoft.ai/events/70705-eia-gasoline-and-diesel-retail-prices-update-week-ended-june-19-2017-fuels.md) | -2.0% | +7.4% |
| DIESEL | 2017-05-01 | [EIA Gasoline and Diesel Retail Prices Update (Week Ended May 1, 2017) - Fuels Market News](https://feedsoft.ai/events/10011-eia-gasoline-and-diesel-retail-prices-update-week-ended-may-1-2017-fuels-market.md) | -4.1% | +4.1% |
| WTI | 2020-02-13 | [Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/54763-short-term-energy-outlook-fuels-market-news.md) | +5.1% | -38.3% |
| WTI | 2018-03-13 | [EIA Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/66208-eia-short-term-energy-outlook-fuels-market-news.md) | +1.1% | +6.7% |
| WTI | 2019-04-10 | [EIA Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/59780-eia-short-term-energy-outlook-fuels-market-news.md) | -0.0% | -3.0% |

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/weekly-energy-market-situation-july-5-2022/

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