# Traders divert Europe-bound diesel to U.S. in race to re-stock

> Traders are diverting diesel cargoes from Europe to the US as US diesel inventories have dropped sharply. The drop has raised US prices and refining margins, creating arbitrage opportunities to import diesel to the East Coast.

- Date: 2022-10-14 · published 2022-10-14T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/10981-traders-divert-europe-bound-diesel-to-u-s-in-race-to-re-stock
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Tight US diesel supply lifts fuel costs for farm and feed-mill transport and grain logistics. Import arbitrage flows may limit how far domestic prices rise.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2025-02-14 | [Diesel Trade Dries Up Leaving Europe Exposed \| Energy Intelligence](https://feedsoft.ai/events/26243-diesel-trade-dries-up-leaving-europe-exposed-energy-intelligence.md) | -5.2% | -15.6% |
| DIESEL | 2017-07-05 | [Asia's Booming Diesel Market Draws Rare European](https://feedsoft.ai/events/70129-asia-s-booming-diesel-market-draws-rare-european.md) | -1.2% | +9.9% |
| DIESEL | 2024-07-24 | [US diesel exports to Europe hit record high despite lackluster demand](https://feedsoft.ai/events/29466-us-diesel-exports-to-europe-hit-record-high-despite-lackluster-demand.md) | -3.1% | -6.7% |
| DIESEL | 2021-10-22 | [China's CNOOC makes rare diesel imports, trading sources say](https://feedsoft.ai/events/44752-china-s-cnooc-makes-rare-diesel-imports-trading-sources-say.md) | -1.6% | -6.6% |
| DIESEL | 2026-05-20 | [Spare a thought for the world's biggest diesel importers \| Reuters](https://feedsoft.ai/events/19456-spare-a-thought-for-the-world-s-biggest-diesel-importers-reuters.md) | -14.0% | -24.7% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/traders-divert-europe-bound-diesel-us-race-re-stock-2022-10-14/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.