Mmastodon WorldUS Politics first seen 15 h ago, last 59 min ago, peak #1
Diesel futures rise despite talk of US-Russia fuel deal
Original: I got curious if diesel futures are reflecting the Orange One's 'deal' with Russia to supply the fuel in return for cutt
A commenter checked heating oil and diesel futures to see whether markets are pricing in a reported arrangement under which Donald Trump would ease sanctions on Russia in exchange for fuel supplies. The futures have risen slightly rather than fallen, suggesting traders are not banking on such a deal. The observation matters because sanctions relief could otherwise be expected to lower diesel prices.
Why now: Discussion of a possible US-Russia sanctions-for-fuel agreement is driving interest in how energy markets are reacting.
Donald TrumpRussiaUnited Statesdiesel futures
Evidence
- I got curious if diesel futures are reflecting the Orange One's 'deal' with Russia to supply the fuel in return for cutting sanctions. They have gone *up* slightly… > https://www. barchart.com/futures/quotes/HO PAUS01.CM This is important because the reason diesel prices in the… · jackwilliambell@rustedneuron.com · 18
API: https://socialmediatrends-api.osmike.com/v1/trends/1760679