# Weekly Energy Market Situation—March 22, 2022 - Fuels Market News

> Weekly energy market commentary notes that futures prices rose while open interest declined over the past month. It describes a tight supply-demand balance and a doubling of LNG exports. The analysis covers ULSD futures, which posted historic price swings between mid-February and mid-March.

- Date: 2022-03-23 · published 2022-03-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/42445-weekly-energy-market-situation-march-22-2022-fuels-market-news
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A tight supply-demand balance and rising prices point to continued upward pressure on diesel and crude, raising transport and fertilizer costs for feed producers. The falling open interest suggests the recent rally may be losing momentum.

## Read by commodity

- WTI: bullish ▲
- DIESEL: bullish ▲

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/weekly-energy-market-situation-march-22-2022/

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