# War Risk Premium Drives Diesel Gains | Energy Intelligence

> ICE low-sulfur gasoil futures spiked on November 26 after Russia fired a record number of drones into Ukraine and Israel struck Beirut. Prices had earlier reached a six-week high before weak diesel demand pushed them lower.

- Date: 2024-11-27 · published 2024-11-27T12:00:00.000Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/27576-war-risk-premium-drives-diesel-gains-energy-intelligence
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Geopolitical escalation lifts crude and distillate prices, raising freight and fertilizer costs for feed producers, though the article notes weak fundamentals cap sustained gains.

## Read by commodity

- BRENT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2025-09-18 | [Market Signals Intensifying Global Diesel Tightness \| Energy Intelligence](https://feedsoft.ai/events/23069-market-signals-intensifying-global-diesel-tightness-energy-intelligence.md) | +1.0% | -7.2% |
| DIESEL | 2025-06-13 | [Jet Fuel Prices Spike After Israel Attacks Iran \| Energy Intelligence](https://feedsoft.ai/events/7761-jet-fuel-prices-spike-after-israel-attacks-iran-energy-intelligence.md) | +15.6% | +11.6% |
| DIESEL | 2022-08-26 | [Mid-Distillates Face Constraints From Costly Gas and EU Sanctions  \| Energy Intelligence](https://feedsoft.ai/events/40239-mid-distillates-face-constraints-from-costly-gas-and-eu-sanctions-energy.md) | -9.5% | -17.7% |
| DIESEL | 2025-10-24 | [New US Russia Sanctions Spook Distillate Markets \| Energy Intelligence](https://feedsoft.ai/events/10174-new-us-russia-sanctions-spook-distillate-markets-energy-intelligence.md) | +1.9% | +5.5% |
| DIESEL | 2025-06-20 | [Diesel and Gas. The Energy Report 06/20/2025 - Market InsightsMarket Insights](https://feedsoft.ai/events/8644-diesel-and-gas-the-energy-report-06-20-2025-market-insightsmarket-insights.md) | -6.7% | -2.1% |
| BRENT | 2025-06-13 | [Jet Fuel Prices Spike After Israel Attacks Iran \| Energy Intelligence](https://feedsoft.ai/events/7761-jet-fuel-prices-spike-after-israel-attacks-iran-energy-intelligence.md) | +12.0% | -0.8% |
| BRENT | 2025-10-24 | [New US Russia Sanctions Spook Distillate Markets \| Energy Intelligence](https://feedsoft.ai/events/10174-new-us-russia-sanctions-spook-distillate-markets-energy-intelligence.md) | -1.7% | -4.0% |
| BRENT | 2024-04-16 | [Balances: Opec-Plus’ Painful Cuts Deliver Full Market Control \| Energy Intelligence](https://feedsoft.ai/events/30901-balances-opec-plus-painful-cuts-deliver-full-market-control-energy-intelligence.md) | -3.7% | -8.0% |

## Sources

- energyintel.com: https://www.energyintel.com/00000193-6844-d404-a1f3-fb65816f0000

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