# Wild Intraday Swings on ULSD

> ULSD futures swung sharply intraday over three sessions, losing about 43 cents on the front month. The drop followed COVID lockdowns in Shanghai that raised demand fears, while Ukraine-Russia peace talk headlines added volatility.

- Date: 2022-03-30 · published 2022-03-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/9139-wild-intraday-swings-on-ulsd
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Demand worries from China lockdowns push diesel prices lower in the short term, while sanction and supply uncertainty keeps the market volatile. Feed buyers should expect continued swings in fuel costs.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- burkeoil.com: https://www.burkeoil.com/value-added-services/energy-market-updates/wild-intraday-swings-on-ulsd-for-the-week

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