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

> Crude oil fell while gasoline futures reached their highest since mid-2015 after Harvey shut over a fifth of US refineries. Brent fell to $51.48 and US crude to $46.02, while diesel futures rose 1.8 percent.

- Date: 2017-08-30 · published 2017-08-30T12:00:00.000Z
- Category: weather · region US · magnitude high
- Page: https://feedsoft.ai/events/8395-crude-slips-gasoline-jumps-as-storm-shuts-a-fifth-of-us-fuel-output
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Lost refinery demand for crude pushes crude lower while product shortages push fuel prices higher. Diesel prices rising adds to freight and logistics costs for feed.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-01-26 | [ULSD Rises Amid Winter Storm, Oil Slips on Output Returns](https://feedsoft.ai/events/21245-ulsd-rises-amid-winter-storm-oil-slips-on-output-returns.md) | +6.4% | +9.1% |
| WTI | 2024-09-13 | [Oil eases on resuming US output after storm, rising rig count \| Reuters](https://feedsoft.ai/events/10168-oil-eases-on-resuming-us-output-after-storm-rising-rig-count-reuters.md) | +4.3% | +9.6% |
| WTI | 2017-01-04 | [Crude Oil and Natural Gas Futures Plunge on Tuesday - Oklahoma Energy Today](https://feedsoft.ai/events/11910-crude-oil-and-natural-gas-futures-plunge-on-tuesday-oklahoma-energy-today.md) | -2.9% | +2.9% |
| WTI | 2021-08-10 | [US corn and soybean futures decline - Markets - Business Recorder](https://feedsoft.ai/events/12610-us-corn-and-soybean-futures-decline-markets-business-recorder.md) | +1.3% | +2.9% |
| WTI | 2026-07-27 | [CBOT review: Soybeans, grains fall with crude oil \| The Western Producer](https://feedsoft.ai/events/8282-cbot-review-soybeans-grains-fall-with-crude-oil-the-western-producer.md) | -5.8% | -4.1% |
| BRENT | 2026-01-26 | [ULSD Rises Amid Winter Storm, Oil Slips on Output Returns](https://feedsoft.ai/events/21245-ulsd-rises-amid-winter-storm-oil-slips-on-output-returns.md) | +6.6% | +7.8% |
| BRENT | 2017-01-04 | [Crude Oil and Natural Gas Futures Plunge on Tuesday - Oklahoma Energy Today](https://feedsoft.ai/events/11910-crude-oil-and-natural-gas-futures-plunge-on-tuesday-oklahoma-energy-today.md) | -3.3% | +0.4% |
| BRENT | 2024-11-12 | [The Commodities Feed: Natural gas surges \| articles \| ING THINK](https://feedsoft.ai/events/7026-the-commodities-feed-natural-gas-surges-articles-ing-think.md) | +2.5% | +1.3% |

## Sources

- hydrocarbonprocessing.com: https://www.hydrocarbonprocessing.com/news/2017/08/crude-slips-gasoline-jumps-as-storm-shuts-a-fifth-of-us-fuel-output/

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