Market Talk | Volatility Returns As Diesel Surges And Global Supply Chains Tighten

After 250 past bullish geopolitics events, ULSD / Diesel moved a median +1.7% over 5 sessions (58% higher; middle half -3.6% to +8.7%), and +0.9% over 20.

• Apr 9, 2026Market Talk | Volatility Returns As Energy Markets Grapple With Strait Of Hormuz Shutdown-2.5%
• Jul 31, 2026Market Talk | Refiners Benefit As Global Diesel Shortfall Persists-7.1%
• Mar 8, 2022Global diesel prices soar as bans on Russian supplies add to tightness-17.0%
• Nov 20, 2025Refining Margins Soar as Global Oil Product Markets Tighten | OilPrice.com-11.9%
• Jul 28, 2025EU Russia sanctions add fuel to red-hot global diesel market-4.4%

After 656 past bullish geopolitics events, Crude Oil (Brent) moved a median +1.9% over 5 sessions (63% higher; middle half -2.7% to +6.6%), and +0.7% over 20.

• Apr 9, 2026Market Talk | Volatility Returns As Energy Markets Grapple With Strait Of Hormuz Shutdown-2.9%
• Jul 31, 2026Market Talk | Refiners Benefit As Global Diesel Shortfall Persists-4.9%
• Mar 1, 2019Oil prices rise as markets tighten due to OPEC supply cuts+0.0%
• Mar 8, 2022Global diesel prices soar as bans on Russian supplies add to tightness-13.8%
• Jan 25, 2022Oil rises on concerns global political risks could tighten supplies+5.5%

After 626 past bullish geopolitics events, Crude Oil (WTI) moved a median +2.1% over 5 sessions (62% higher; middle half -2.3% to +8.5%), and +1.6% over 20.

• Apr 9, 2026Market Talk | Volatility Returns As Energy Markets Grapple With Strait Of Hormuz Shutdown-3.3%
• Mar 1, 2019Oil prices rise as markets tighten due to OPEC supply cuts-1.0%
• Jan 25, 2022Oil rises on concerns global political risks could tighten supplies+5.6%
• Jun 29, 2018Oil hits new multi-year high as market tightens on lost supply+0.5%
• Sep 16, 2019Oil surges as Saudi attack focuses market on supply risks+5.8%