Ulsd futures north American ULSD futures are being

North American ULSD futures are being supported by rail shipment data showing sustained diesel transport for agriculture. Analysts see this as a key factor underpinning Q1 price resilience. NYMEX Overview: Petroleum Futures Weaken on Oversupply, US Demand Worries -- OPIS Example: A trader notes that oil and equity markets have been trending higher, buoyed by strong economic growth data. The trader continues to watch economic data and notes signs of weakness in manufacturing reports, as well as slowing diesel demand in the EIA’s Weekly Petroleum Status report and becomes confident in a global slowdown. He sells one MHO futures contract and holds his position until the jobs report the following Friday, where he sees his thesis confirmed via another round of weak data and ULSD futures make a sharp move lower.