◂ Event Timeline

Apr 22, 2020TRADEUS

Hopes for US Revival Draw ULSD From Europe

Ships carrying ultra-low-sulfur diesel are being diverted from Europe to the US as traders bet on a US economic reopening. The shift reflects expected US demand recovery.

WHY IT MATTERS

Transatlantic cargo rerouting tightens US diesel supply relative to Europe, supporting US diesel prices if the reopening expectation holds.

AFFECTSULSD / Diesel▲

SOURCE
energyintel.comApr 22, 2020

Price reaction & history

ULSD / Diesel▲bullishSO FAR1d +0.5%5d -15.4%20d +28.7%

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.

Oct 4, 2023Europe's ULSD Imports Hit Multiyear Low | Energy Intelligence-5.7%
Feb 14, 2025Diesel Trade Dries Up Leaving Europe Exposed | Energy Intelligence-5.2%
May 5, 2026Booming US energy exports draw scrutiny as domestic fuel prices bite | Reuters-1.8%
Jun 17, 2022ULSD hits record highs for USGC, IPP prices as Latin America cargo demand surges -Platts - EnergiesNet-5.1%
Oct 14, 2022Traders divert Europe-bound diesel to U.S. in race to re-stock-7.6%

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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