Diesel prices are down for third week in a row

After 109 past bullish report events, ULSD / Diesel moved a median +0.2% over 5 sessions (51% higher; middle half -3.3% to +3.9%), and +0.3% over 20.

• Feb 28, 2017Diesel prices rise for third straight week, reports EIA - Logistics Management-2.7%
• May 31, 2017Diesel prices head up for first time in six weeks - Logistics Management-5.5%
• May 25, 2021Diesel average rises for the fourth consecutive week, reports EIA - Logistics Management+1.7%
• Jun 27, 2024National diesel average increases for the second consecutive week, reports EIA - Logistics Management+3.7%
• Dec 20, 2016Diesel prices hit 2016 high, according to Energy Information Administration - Logistics Management+2.6%

After 131 past bullish report events, Crude Oil (WTI) moved a median +1.2% over 5 sessions (60% higher; middle half -1.3% to +3.4%), and +2.9% over 20.

• Feb 28, 2017Diesel prices rise for third straight week, reports EIA - Logistics Management-1.6%
• Sep 25, 2018National diesel average sees slight gain, reports EIA - Logistics Management+3.4%
• May 9, 2018Energy Department Raises Diesel, Gasoline Price Forecasts | Heavy Duty Trucking+3.5%
• Jul 20, 2017Brent tops $50 a barrel for first time in six weeks | The National+3.2%
• May 21, 2019EIA Gasoline and Diesel Retail Prices Update, May 21, 2019 - Fuels Market News-7.3%