
US diesel inventories have fallen below their five-year range for this time of year, according to EIA data. Markets expect IMO 2020 to add marine demand for distillates as winter approaches, and a cold winter could tighten supplies further.
Low distillate stocks ahead of IMO 2020 and winter heating demand point to firmer diesel prices into January. Higher diesel costs would raise freight and feed delivery expenses.
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.