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The EIA reported that U.S. diesel inventories rose unexpectedly in the latest week. U.S. diesel futures fell after the release.
A surprise build in diesel stocks signals looser near-term US distillate supply, which weighs on diesel futures. Feed buyers may see a small easing in fuel and freight costs.
After 86 past bearish report events, ULSD / Diesel moved a median -0.9% over 5 sessions (37% higher; middle half -4.3% to +0.9%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.