The EIA reported that U.S. ULSD inventories fell to 25 days of supply in October, the lowest since 2008, due to strong demand and reduced global production. The New York Harbor ULSD spot price averaged $4.36 per gallon that month.
Refinery capacity losses and seasonal heating demand are cited as causes.
Tight distillate supplies heading into winter raise the risk of high diesel prices, which increase freight and feed production costs. The implication is bullish for diesel.
Setelah 109 peristiwa laporan bullish sebelumnya, ULSD / Solar bergerak median +0,2% selama 5 sesi (51% lebih tinggi; separuh tengah -3,3% sampai +3,9%), dan +0,3% 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.