Traders rush to supply fuel to the U.S. as Texas freeze bites

After 113 past bullish logistics events, ULSD / Diesel moved a median +0.6% over 5 sessions (54% higher; middle half -2.8% to +4.2%), and +0.2% over 20.

• Feb 18, 2021Diesel fuel in short supply in Texas; prices on the rise - FreightWaves+4.0%
• Mar 11, 2022Oil Traders Jump Into Action as Europe Screams for Diesel Supply - TT+5.0%
• Jun 14, 2019IMO 2020 credit risks to cascade across marine fuel supply chain - FreightWaves+4.5%
• Feb 25, 2022Shippers prepare as Ukraine crisis prompts emergency fuel surcharges - The Loadstar+23.0%
• Jan 26, 2024Europe’s Diesel Supply Chain Threatened by High Freight Costs - TT-2.4%

After 11 past neutral logistics events, Crude Oil (WTI) moved a median +3.8% over 5 sessions (73% higher; middle half -0.4% to +6.6%), and +6.3% over 20.

• May 29, 2019CORRECTED-UPDATE 2-MPLX to restart Ozark crude pipeline on Thursday after outage -traders-9.3%
• Mar 26, 2021Suez Canal crisis: Here are the cargoes in the crossfire - FreightWaves+5.0%
• Sep 1, 2017Inter Continent Trading: Tankers: Persian Gulf vs Red Sea freight premium disappears as Harvey disrupts trade+0.4%
• May 14, 2026Panama Canal transit auction fees rise to US$4 million+3.8%
• Feb 28, 2022Shipping ponders response to Russo-Ukraine conflict - Hong Kong Maritime Hub+26.3%