U.S. demand for oil surges, depleting tanks in Oklahoma

After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.

• Sep 27, 2017Surging Diesel Demand Is Underpinning Crude Oil’s Bull Market - Bloomberg-2.4%
• Oct 11, 2021Oil settles up 1.5%; hits multi-year highs on surging demand | Reuters+3.6%
• Jan 18, 2024Oil prices rise on global demand forecasts, US crude stock draw+3.6%
• Jul 29, 2024Oil rises from six-week low with Chinese demand, OPEC+ in focus - Moneyweb-4.6%
• Apr 11, 2018Strong Demand, Not OPEC, Is Pushing Oil Prices Higher | OilPrice.com+1.6%

After 105 past bullish macro events, ULSD / Diesel moved a median -0.4% over 5 sessions (45% higher; middle half -3.4% to +1.8%), and +1.2% over 20.

• Sep 27, 2017Surging Diesel Demand Is Underpinning Crude Oil’s Bull Market - Bloomberg-5.1%
• Jun 18, 2021US Trucking Boom Contributes to Rising Demand for Diesel - TT+4.7%
• Sep 25, 2026What’s behind the latest surge in grain and oilseed prices?-2.3%
• Feb 1, 2021Analysis: Global fuel prices jump as Asia, U.S. to rev up demand in 2Q+7.2%
• Oct 29, 2026India's top state refiner sees diesel and jet demand rising as ULSD heating oil sits at $4.77/gal — EnergyReader.io-2.4%