Diesel Market Update: Is It Time to Buy?

We share an inquiry from his friend Don about whether it is a good time to purchase diesel fuel as of February 25, 2025.

Trent analyzes diesel fuel prices and futures using Fibonacci levels and moving averages.

He suggested to Don on January 15 to wait for a pullback, which subsequently occurred.

With current prices at $233, Trent considers this a good buying opportunity, noting potential support and resistance levels.

He extends the discussion to crude oil futures, suggesting that the market exhibits bearish tendencies and may decline further, potentially signalling a recession.

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