NYMEX Overview: ULSD Futures Leading Petroleum Prices Higher -- OPIS

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.

• Jan 29, 2017Pain at the pump: Gas prices heading up after years of decline - The Republic News+1.2%
• Jun 19, 2020API: US petroleum demand recovered 14% between April and May-0.3%
• May 13, 2026Oil price spike turmoil far from over, IEA says+5.8%
• Oct 24, 2018U.S. oil prices up after sharp drop in fuel stocks | Reuters-0.4%
• Sep 10, 2024US EIA lifts oil demand forecast, says prices will recover to above $80/bbl | Reuters+2.1%

After 116 past bullish report events, Crude Oil (Brent) moved a median +1.3% over 5 sessions (66% higher; middle half -1.0% to +3.1%), and +2.0% over 20.

• May 13, 2026Oil price spike turmoil far from over, IEA says+3.1%
• Apr 30, 2021High new-crop UK wheat prices, what can be done? Grain Market Daily | AHDB-0.1%
• Sep 10, 2024US EIA lifts oil demand forecast, says prices will recover to above $80/bbl | Reuters+1.7%
• Jul 1, 2021Oil climbs to highest in over two years as U.S. supplies tighten-2.8%
• Sep 28, 2022Oil prices rise on surprise drop in U.S. crude, fuel stocks+7.7%

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.

• Sep 28, 2021Fuel prices surge to nearly 7-year high | Overdrive+6.2%
• Feb 28, 2017On-highway Diesel Fuel Prices Feb. 27 - DeSpir Logistics-2.7%
• Apr 27, 2022Oil Futures Mixed, ULSD Rallies on Tight Distillate Supply+0.1%
• Nov 10, 2022Strong demand for diesel leads to high prices and tight inventories going into winter - U.S. Energy Information Administration (EIA)-7.4%
• Jul 8, 2019IMO 2020: A new higher normal for diesel prices? by FreightWaves Intel Group is available on SONAR - FreightWaves+4.0%