# Market Talk | Diesel Bulls: A Major Cold Front is About To Sweep Across The Country, Which Will Certainly Stir Up Some Heating Demand

> Energy futures rose after US strikes on Iran-linked military targets in Syria, and a deal to lift Venezuela sanctions looked at risk. ULSD Group 3 basis fell from a $1.05-$1.15 premium to a $0.01 discount in a week, while a forecast cold front is expected to lift heating demand.

- Date: 2023-10-27 · published 2023-10-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/33825-market-talk-diesel-bulls-a-major-cold-front-is-about-to-sweep-across-the
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Expected cold-weather heating demand could tighten distillate supply and support diesel prices, raising freight and fuel costs for feed buyers, though the weakened regional basis limits the upside.

## Read by commodity

- WTI: bullish ▲
- DIESEL: bullish ▲

## Sources

- tacenergy.com: https://www.tacenergy.com/news-and-views/market-talk/diesel-bulls-a-major-cold-front-is-about-to-sweep-across-the-country-which

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