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Diesel futures sold off as recent demand data showed distillate consumption down 12% year over year and gasoline down just over 7%. Trucking tonnage fell 1.8% over two months and US port volumes are reported down sharply as importers pause purchases due to tariffs.
Weaker freight demand and tariff-driven drops in port volume reduce diesel demand and pressure prices lower. Softer goods movement can also cut trucking costs for feed transport.
burkeoil.comMark PszenicznyMay 22, 2025After 79 past bearish macro events, ULSD / Diesel moved a median -1.0% over 5 sessions (39% higher; middle half -5.7% to +1.7%), and -1.5% over 20.
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.
