Crude slips, gasoline jumps as storm shuts a fifth of US fuel output

After 17 past bearish weather events, Crude Oil (WTI) moved a median +1.4% over 5 sessions (59% higher; middle half -2.7% to +5.9%), and +2.9% over 20.

• Jan 26, 2026ULSD Rises Amid Winter Storm, Oil Slips on Output Returns+6.4%
• Sep 13, 2024Oil eases on resuming US output after storm, rising rig count | Reuters+4.3%
• Jan 4, 2017Crude Oil and Natural Gas Futures Plunge on Tuesday - Oklahoma Energy Today-2.9%
• Aug 10, 2021US corn and soybean futures decline - Markets - Business Recorder+1.3%
• Jul 27, 2026CBOT review: Soybeans, grains fall with crude oil | The Western Producer-5.8%

After 10 past bearish weather events, Crude Oil (Brent) moved a median +2.1% over 5 sessions (60% higher; middle half -2.9% to +4.6%), and +0.8% over 20.

• Jan 26, 2026ULSD Rises Amid Winter Storm, Oil Slips on Output Returns+6.6%
• Jan 4, 2017Crude Oil and Natural Gas Futures Plunge on Tuesday - Oklahoma Energy Today-3.3%
• Nov 12, 2024The Commodities Feed: Natural gas surges | articles | ING THINK+2.5%
• Jan 3, 2017The End Of The Rally? Oil Reverses, Natural Gas Trounced | OilPrice.com-1.6%
• Jan 31, 2023The end of the New Year holidays in China activated the market of vegetable oils-4.9%

After 39 past bullish weather events, ULSD / Diesel moved a median +2.4% over 5 sessions (59% higher; middle half -4.5% to +6.1%), and +8.9% over 20.

• Jan 23, 2026US energy sector braces for winter storm as crude and natural gas output fall | Reuters+8.1%
• Dec 23, 2022Storm cuts U.S. oil, gas, power output, sending prices higher+6.4%
• Jan 26, 2026ULSD Rises Amid Winter Storm, Oil Slips on Output Returns+9.4%
• Jul 11, 2019Oil slips 0.4% on dim OPEC demand forecast after early jump on Gulf of Mexico storm-4.8%
• Aug 23, 2020Oil Gains as U.S. Gulf Output and Refineries Halted Before Storm - Bloomberg+0.4%