
US diesel futures are surging ahead of European benchmarks as a winter storm and continued frigid temperatures strain the fuel market. New York Harbor diesel's premium to European futures topped 40 cents a gallon on Monday, the highest in over three years.
The storm has affected some US refinery operations while icy temperatures lift heating oil demand.
Higher diesel costs raise hauling and freight expenses for feed mills and grain movements, and can feed into fuel surcharges. The cold-driven demand spike is likely to keep diesel firm while the storm lasts.
Setelah 39 peristiwa cuaca bullish sebelumnya, ULSD / Solar bergerak median +2,4% selama 5 sesi (59% lebih tinggi; separuh tengah -4,5% sampai +6,1%), dan +8,9% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.