Quantum Commodity Intelligence reports that diesel margins in the West of Suez market fell this week on concerns about the impact of Washington's tariffs. The full analysis is behind a paywall, so the text available covers only the opening paragraph.
Weaker diesel margins on tariff fears point to softer refining economics and lower fuel costs ahead. Trade-driven demand uncertainty can weigh on freight costs for feed shipments.
After 28 past bearish trade events, ULSD / Diesel moved a median -0.1% over 5 sessions (50% higher; middle half -5.0% to +1.7%), and +0.9% 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.