1. Reuters, "U.S. Cash Products-NY Harbor ULSD strengthens on cold, inventory dip" Feb 12, 2015
The New York Harbor cash ultra-low sulfur diesel (ULSD) differential to benchmark futures
strengthened on Thursday on approaching cold weather and tight supply in the region, brokers said.
2. Reuters, "Oil slides, Brent tests $60 as data shows glut building" Dec 24, 2014
New York diesel futures, also called ULSD outperformed the oil complex for much of the
day, after weekly data showed Northeast stocks were still unseasonably low even though atypically warm weather has curbed
demand. But a late wave of profit-taking hit the close, taking the day's losses past 3 percent.
3. Bloomberg.com, "China Boosts June Net Diesel
Exports to Highest in Four Years", July 21, 2014
raised its net diesel exports to the highest level in four years as domestic demand trailed output growth amid a slowing economy.
4. Bloomberg.com " Diesel Gains as Cold Boosts Heating and Power
Generation Demand", January 24, 2014
Diesel futures rose
for a third day as frigid weather across the northeast U.S. boosted demand for heating fuel and spurred more oil-fired power
generation with distillate inventories in the New York Harbor area at the lowest level in almost six years.
5. Bloomberg.com "Heating Oil Gains on Forecasts for Colder Weather in Northeast"
January 18, 2013
Heating oil gained on forecasts for colder-than-normal
weather in the U.S. Northeast next week at a time when supplies of the fuel are declining.
6. Bloomberg.com "Heating Oil Advances on Hurricane Concern" October 26, 2012
Heating oil and gasoline rose for the second straight day on concern that Hurricane Sandy may
disrupt U.S. East Coast production and imports, and the U.S. economy expanded more than forecast in the third quarter, signaling
higher fuel demand.
7. Bloomberg.com "Heating
Oil Futures Slide as Saudi Production Pressures Brent" September 19, 2012
Heating oil fell to the lowest level in almost a month as Brent crude, a benchmark for more than half of the world’s
oil, weakened on speculation that Saudi Arabia is increasing supply.
8. Bloomberg.com "Heating Oil Advances On Speculation Fed May Add More Stimulus" June 12, 2012
Heating oil advanced
on speculation that the Federal Reserve will act more aggressively to stimulate the economy.
9. Bloomberg.com “Oil Retreats as Iran Considers Halting Nuclear Program Expansion”
April 25, 2012
Distillate supplies, which include heating oil and diesel, decreased 3.05 million barrels to 125.9 million. Stockpiles
were estimated to gain 500,000 barrels.