# Global diesel shortages herald imminent economic slowdown

> Shortages of refined products and soaring prices are described as pushing the economy into binding capacity constraints. Sanctions and boycotts on Russian petroleum exports are cited as a contributing factor.

- Date: 2022-05-19 · published 2022-05-19T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/11773-global-diesel-shortages-herald-imminent-economic-slowdown
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Refining capacity shortfalls and Russian sanctions keep diesel and energy costs high, raising feed production and freight expenses. Expectations of slower growth could weigh on demand for animal protein.

## Read by commodity

- BRENT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2022-03-24 | [Diesel shortage in Europe threatens to slow economic growth](https://feedsoft.ai/events/5944-diesel-shortage-in-europe-threatens-to-slow-economic-growth.md) | -8.3% | -4.7% |
| DIESEL | 2023-09-13 | [Global diesel shortage boosts prices](https://feedsoft.ai/events/34293-global-diesel-shortage-boosts-prices.md) | +1.6% | -8.8% |
| DIESEL | 2022-03-24 | [Global diesel shortage pushes oil prices higher](https://feedsoft.ai/events/5943-global-diesel-shortage-pushes-oil-prices-higher.md) | -8.3% | -4.7% |
| DIESEL | 2026-03-10 | [Diesel markets, upended by Middle East conflict, threaten global economic slowdown \| Reuters](https://feedsoft.ai/events/20337-diesel-markets-upended-by-middle-east-conflict-threaten-global-economic.md) | +11.4% | +27.3% |
| DIESEL | 2026-07-31 | [Market Talk \| Refiners Benefit As Global Diesel Shortfall Persists](https://feedsoft.ai/events/18535-market-talk-refiners-benefit-as-global-diesel-shortfall-persists.md) | -7.1% | +1.3% |
| BRENT | 2022-03-24 | [Diesel shortage in Europe threatens to slow economic growth](https://feedsoft.ai/events/5944-diesel-shortage-in-europe-threatens-to-slow-economic-growth.md) | -8.0% | -13.5% |
| BRENT | 2023-09-13 | [Global diesel shortage boosts prices](https://feedsoft.ai/events/34293-global-diesel-shortage-boosts-prices.md) | +2.6% | -3.9% |
| BRENT | 2022-03-24 | [Global diesel shortage pushes oil prices higher](https://feedsoft.ai/events/5943-global-diesel-shortage-pushes-oil-prices-higher.md) | -8.0% | -13.5% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/global-diesel-shortages-herald-imminent-economic-slowdown-2022-05-19/

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