# Week in Review – February 24, 2023 - Mansfield Energy

> Crude oil fell to its lowest level in over a week on macro concerns, though it was still set for a weekly deficit. Distillate supplies rose 2.7 million barrels and a possible 25% cut in Russian oil exports was discussed.

- Date: 2023-02-24 · published 2023-02-24T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/37502-week-in-review-february-24-2023-mansfield-energy
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Crude and diesel direction affects fuel and freight costs for feed producers, and a possible Russian export cut would add upside risk to energy prices.

## Read by commodity

- WTI: neutral
- BRENT: neutral
- DIESEL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2025-01-29 | [Argentina's Energy Export Surge Quells Fears Over Currency Management \| Financial Post](https://feedsoft.ai/events/26800-argentina-s-energy-export-surge-quells-fears-over-currency-management-financial.md) | -1.5% | -7.1% |
| WTI | 2019-07-24 | [Philadelphia Energy Solutions (PES) closure tightens Atlantic Basin refining markets](https://feedsoft.ai/events/58289-philadelphia-energy-solutions-pes-closure-tightens-atlantic-basin-refining.md) | +2.5% | -0.7% |
| WTI | 2020-07-29 | [Expert Commentary - Update on Global Gas and LNG Prices in 2020: How has it Coped with Recent Market Dynamics? - Events-HH](https://feedsoft.ai/events/52290-expert-commentary-update-on-global-gas-and-lng-prices-in-2020-how-has-it-coped.md) | +1.8% | +5.6% |
| WTI | 2023-06-20 | [TODAY IN ENERGY: U.S. diesel prices have fallen below prices from before Russia’s invasion of Ukraine](https://feedsoft.ai/events/35679-today-in-energy-u-s-diesel-prices-have-fallen-below-prices-from-before-russia-s.md) | -3.6% | +5.5% |
| WTI | 2026-06-29 | [FX Outlook: A Busy Week Ahead \| Investing.com UK](https://feedsoft.ai/events/19033-fx-outlook-a-busy-week-ahead-investing-com-uk.md) | -0.8% | +30.0% |
| BRENT | 2019-03-18 | [The outlook of one energy economist for IMO2020: chaos in the diesel market - FreightWaves](https://feedsoft.ai/events/60275-the-outlook-of-one-energy-economist-for-imo2020-chaos-in-the-diesel-market.md) | +0.0% | +7.4% |
| BRENT | 2026-06-23 | [ASX 200 LIVE: ASX ends higher after CPI keeps RBA rate rise in play for August, AUD falls below US69¢ to 11-week low](https://feedsoft.ai/events/19076-asx-200-live-asx-ends-higher-after-cpi-keeps-rba-rate-rise-in-play-for-august.md) | -6.7% | +8.9% |
| BRENT | 2025-02-25 | [Bank of America Predicts Brent crude to Average $75/bbl in 2025 - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/26236-bank-of-america-predicts-brent-crude-to-average-75-bbl-in-2025-energy-news-top.md) | -3.5% | -1.8% |

## Sources

- mansfield.energy: https://mansfield.energy/2023/02/24/week-in-review-february-24-2023/

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