
Winter Storm Fern caused widespread freeze-offs that cut Lower 48 crude production by 480 thousand barrels per day and drew commercial crude stocks by 3.46 million barrels. Distillate stocks fell 5.55 million barrels, the largest draw since the same period last year, and the 3-2-1 crack rose to $24.52 per barrel led by a 20% jump in diesel cracks.
Tight distillate stocks and strong refinery runs point to firm diesel prices and high diesel margins, raising fuel and freight costs for feed buyers. The production loss also supports crude prices in the near term.
在过去 40 次看涨的天气事件之后,原油(WTI) 在 5 个交易日内中位数变动 +1.6%(63% 上涨;中间一半区间为 -3.7% 至 +5.3%),20 个交易日内为 +6.1%。
在过去 39 次看涨的天气事件之后,ULSD / 柴油 在 5 个交易日内中位数变动 +2.4%(59% 上涨;中间一半区间为 -4.5% 至 +6.1%),20 个交易日内为 +8.9%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。