# Weekly Energy Market Situation, January 7, 2019 - Fuels Market News

> A Powerhouse weekly market note argues that distillate fuel prices may be near their annual low, since ULSD prices have historically bottomed in winter and January has shown the largest downside variation. It also cites rising ULSD open interest and a 9.5 million barrel build in distillate inventories.

- Date: 2019-01-08 · published 2019-01-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12478-weekly-energy-market-situation-january-7-2019-fuels-market-news
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Seasonal lows and rising open interest suggest diesel may firm from here, which would raise trucking and on-farm fuel costs for feed operations. The signal is a routine seasonal analysis rather than a new supply shock.

## Read by commodity

- DIESEL: neutral

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/weekly-energy-market-situation-january-7-2019/

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