# Weekly Energy Market Situation, February 10, 2020 - Fuels Market News

> ULSD spot prices fell about 30 cents over the past month, with the futures curve moving out of backwardation into carry. Coronavirus is cited as eating into demand. Natural gas saw light support.

- Date: 2020-02-11 · published 2020-02-11T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/54761-weekly-energy-market-situation-february-10-2020-fuels-market-news
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A shift to a bearish carry curve signals weaker near-term diesel demand and ample inventory, pointing to lower diesel and freight costs for feed buyers.

## Read by commodity

- DIESEL: bearish ▼
- NATGAS: neutral

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/weekly-energy-market-situation-february-10-2020/

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