
US consumption of diesel, heating oil and other distillates has started to fall in response to high prices and slower manufacturing and freight activity. Diesel exports from China have slowed, and Russia's invasion of Ukraine and related sanctions have worsened supply tightness.
Freight operators are consolidating deliveries to conserve fuel.
Falling demand from manufacturing and freight reduces diesel prices and freight costs for feed. The mix of high prices and conservation suggests that demand will stay weak in the near term.
Setelah 79 peristiwa makro bearish sebelumnya, ULSD / Solar bergerak median -1,0% selama 5 sesi (39% lebih tinggi; separuh tengah -5,7% sampai +1,7%), dan -1,5% 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.