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December ULSD futures hit a five-month high, up about 3% on the day, tracking a 4% rally in European gasoil. The move reflects a short-term supply crunch in Europe ahead of sanctions and tight US East Coast diesel inventories.
A front-end diesel squeeze lifts wholesale fuel costs for buyers and boosts US refiner margins, though regional basis moves may offset some gains.
tacenergy.comNov 18, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
