# Europe Distillates-Diesel cracks inch up slightly By Reuters

> Northwest European diesel refining margins edged up in a quiet market after US distillate stocks rose 10.6 million barrels, more than five times the expected 1.9 million barrel gain. IIR Energy estimated 697,000 barrels per day of US refining capacity offline in the week ending January 11.

- Date: 2019-01-09 · published 2019-01-09T12:00:00.000Z
- Category: report · region Northwest Europe · magnitude medium
- Page: https://feedsoft.ai/events/12483-europe-distillates-diesel-cracks-inch-up-slightly-by-reuters
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

A large US distillate build is bearish for diesel prices, though the offline refining capacity offers some support. Stock levels and refinery outages together shape diesel crack spreads that feed into fuel costs.

## Read by commodity

- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2018-09-19 | [U.S. Midwest distillate stocks reach record high ahead of harvest \| Reuters](https://feedsoft.ai/events/63226-u-s-midwest-distillate-stocks-reach-record-high-ahead-of-harvest-reuters.md) | +3.1% | +4.7% |
| DIESEL | 2024-01-10 | [US oil stockpiles rise more than forecast, distillates build to Sept 2021 high -EIA \| Reuters](https://feedsoft.ai/events/32307-us-oil-stockpiles-rise-more-than-forecast-distillates-build-to-sept-2021-high.md) | +0.0% | +6.3% |
| DIESEL | 2025-02-26 | [US crude stockpiles fall as refining picks up, fuel inventories build, EIA says \| Reuters](https://feedsoft.ai/events/26245-us-crude-stockpiles-fall-as-refining-picks-up-fuel-inventories-build-eia-says.md) | -4.0% | -4.1% |
| DIESEL | 2020-09-04 | [Refiners and Crude Prices Can't Escape Diesel Backlog- DTN](https://feedsoft.ai/events/10231-refiners-and-crude-prices-can-t-escape-diesel-backlog-dtn.md) | -5.5% | -5.7% |
| DIESEL | 2022-03-23 | [U.S. gasoline and diesel prices declined slightly the week after their March 14 peak -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/5942-u-s-gasoline-and-diesel-prices-declined-slightly-the-week-after-their-march-14.md) | -3.8% | +3.6% |

## Sources

- in.investing.com: https://in.investing.com/news/commodities-news/europe-distillatesdiesel-cracks-inch-up-slightly-1441908

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