# Weekly Energy Market Situation, July 17, 2017 - Fuels Market News

> A weekly energy review reports that petroleum prices have rebounded after a bear market, with RBOB and ULSD futures up over 16 cents from June lows. U.S. crude output reached 9.37 million barrels per day, while the IEA said global oil demand accelerated in the second quarter.

- Date: 2017-07-17 · published 2017-07-17T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/70127-weekly-energy-market-situation-july-17-2017-fuels-market-news
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Stronger demand and firm prices raise the cost of diesel and fuel inputs for feed transport and processing, which supports crude and diesel prices.

## Read by commodity

- WTI: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2021-06-17 | [Weekly Energy Market Situation, June 14, 2021 - Fuels Market News](https://feedsoft.ai/events/46792-weekly-energy-market-situation-june-14-2021-fuels-market-news.md) | +1.4% | -0.6% |
| WTI | 2019-07-31 | [Market Report & Analysis for 7/31/2019 Morning Edition - Fuels Market News](https://feedsoft.ai/events/11291-market-report-and-analysis-for-7-31-2019-morning-edition-fuels-market-news.md) | -7.6% | -5.3% |
| WTI | 2021-10-06 | [ICE weekly outlook: Canola feeling the energy - Grainews](https://feedsoft.ai/events/44670-ice-weekly-outlook-canola-feeling-the-energy-grainews.md) | +2.1% | +6.1% |
| WTI | 2017-09-23 | [Arab News \| Heating oil market looks tight this winter  oil market looks tight this winter](https://feedsoft.ai/events/69115-arab-news-heating-oil-market-looks-tight-this-winter-oil-market-looks-tight.md) | +2.4% | +2.3% |
| WTI | 2017-10-28 | [Brent crude hits high note of $60 - here's why... - News for the Energy Sector](https://feedsoft.ai/events/68634-brent-crude-hits-high-note-of-60-here-s-why-news-for-the-energy-sector.md) | +3.2% | +7.8% |
| DIESEL | 2019-07-31 | [Market Report & Analysis for 7/31/2019 Morning Edition - Fuels Market News](https://feedsoft.ai/events/11291-market-report-and-analysis-for-7-31-2019-morning-edition-fuels-market-news.md) | -6.3% | -6.8% |
| DIESEL | 2021-12-01 | [The Global Energy Crunch's Effect on U.S. Fuels - DTN](https://feedsoft.ai/events/7526-the-global-energy-crunch-s-effect-on-u-s-fuels-dtn.md) | +8.0% | +15.2% |
| DIESEL | 2017-09-23 | [Arab News \| Heating oil market looks tight this winter  oil market looks tight this winter](https://feedsoft.ai/events/69115-arab-news-heating-oil-market-looks-tight-this-winter-oil-market-looks-tight.md) | -0.3% | -0.6% |

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/weekly-energy-market-situation-july-17-2017/

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