Diesel stops 19-week slide after fleets contend with historic low oil prices

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.

• Aug 25, 2023Oil futures up 1% to one-week high on soaring US diesel prices+5.3%
• Mar 20, 2023Oil prices rebound after hitting lowest since 2021 on banking fears+3.9%
• Jan 14, 2019The Week Ahead: Will the ringgit and oil prices continue to do well this week? | KLSE Screener+4.2%
• Jun 25, 2025Diesel prices soar: Regional breakdown of  how Middle East conflict is impacting U.S gas and diesel prices | FleetOwner+1.8%
• Aug 4, 2017Oil prices rise after strong US jobs data; rising exports cap gains-1.0%

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.

• Aug 25, 2023Oil futures up 1% to one-week high on soaring US diesel prices-0.2%
• Feb 15, 2020Why diesel prices will go up - Truck News-5.1%
• Jun 25, 2025Diesel prices soar: Regional breakdown of  how Middle East conflict is impacting U.S gas and diesel prices | FleetOwner+1.5%
• Jun 18, 2018Analysis: What Higher Fuel Prices Mean for Trucking | Heavy Duty Trucking+2.1%
• Jun 18, 2021US Trucking Boom Contributes to Rising Demand for Diesel - TT+4.7%