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WTI and ULSD futures settled lower after EIA reported a 6.4 million barrel crude stock draw driven by record-high US crude exports. Weak domestic gasoline and distillate demand offset the draw.
Soft domestic fuel demand and weak trucking activity point to lower diesel and crude prices, which feed through to freight and input costs.
dtnpf.comApr 24, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
