Loading…

Sparta describes how its pricing signals flagged a tightening Feb/Mar heating oil spread in mid-January, citing cut-off ULSD vessel arbitrages into New York and rising cold-weather demand risk. The spread later rallied as predicted.
Vessel flows blocked into New York left the market exposed to demand shocks from cold weather, which supported distillate structure and diesel prices. The piece is largely promotional and offers limited new supply information.
Not enough comparable past events yet for a historical read.
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.