Ulsd futures traded near $2

ULSD futures traded near $2.43 per gallon today, rebounding from recent lows as colder weather forecasts boosted heating demand expectations. Traders are eyeing EIA inventory data for signs of tightening supply that could push prices higher in the short term. NYMEX Overview: Petroleum Futures Weaken on Oversupply, US Demand Worries -- OPIS Diesel has its own set of fundamental patterns that distinguish it from crude oil and create differences in price behavior. New York Harbor ULSD futures at CME Group are a highly liquid instrument traders can rely on to capture opportunities arising from the unique dynamics in the global diesel market. ULSD futures gained after reports of lower European refinery throughput due to labor strikes. This sudden drop in supply boosted market sentiment for Q1 deliveries.