◂ Event Timeline

May 6, 2022TRADEUS

U.S. fuel prices surge faster than crude as exports tighten market

US fuel prices rose faster than crude oil over the past month because US refiners shipped more refined products to Europe to replace Russian supplies. The Reuters report was published May 6.

WHY IT MATTERS

Strong export demand for US refined products tightens domestic diesel supply, lifting pump and freight costs that feed into feed delivery prices.

AFFECTSULSD / Diesel▲

SOURCE
reuters.comStephanie KellyMay 6, 2022

Price reaction & history

ULSD / Diesel▲bullishSO FAR1d -3.0%5d +2.0%20d -2.9%

After 26 past bullish trade events, ULSD / Diesel moved a median -1.9% over 5 sessions (31% higher; middle half -5.6% to +1.6%), and -4.8% over 20.

May 5, 2026Booming US energy exports draw scrutiny as domestic fuel prices bite | Reuters-1.8%
Feb 3, 2026Market Talk | Volatility Returns: Fuel Prices Climb As Natural Gas Retreats And Global Tensions Rise+3.1%
Mar 28, 2022US exports more diesel as global shortage fuels competition-18.2%
May 7, 2026Record oil exports could drive U.S. diesel and gas supply shortages just as summer travel starts - MarketWatch+5.0%
Jun 17, 2022ULSD hits record highs for USGC, IPP prices as Latin America cargo demand surges -Platts - EnergiesNet-5.1%

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.

ULSD / Diesel DIESEL · GP ▸

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