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Energy Intelligence reports that the US trade war is weighing on global economic growth and on demand for fuels such as diesel. The article is brief and gives no new figures.
Weaker growth expectations reduce diesel demand, which pressures crude and diesel prices and in turn freight and feed costs.
energyintel.comAuthor Kerry Preston, London Editor Michael RitchieApr 30, 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.
After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% 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.
