# Diesel inches higher as US, China stimulus lifts demand hopes

> Global diesel cracks and timespreads were boosted in the past week by interventions from the US and Chinese central banks. Traders are pricing in improved demand prospects from the stimulus measures.

- Date: 2024-09-26 · published 2024-09-26T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/28498-diesel-inches-higher-as-us-china-stimulus-lifts-demand-hopes
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Stimulus-driven demand hopes support diesel prices and can lift crude, which in turn affects freight costs and biofuel feedstock economics.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2026-08-26 | [US Diesel Supplies Hit Record Low as Demand Season Looms - Bloomberg](https://feedsoft.ai/events/18069-us-diesel-supplies-hit-record-low-as-demand-season-looms-bloomberg.md) | +11.5% | +15.5% |
| DIESEL | 2017-07-28 | [China diesel demand expected to return to growth as economy improves](https://feedsoft.ai/events/70130-china-diesel-demand-expected-to-return-to-growth-as-economy-improves.md) | +2.1% | +1.5% |
| DIESEL | 2021-06-18 | [US Trucking Boom Contributes to Rising Demand for Diesel - TT](https://feedsoft.ai/events/46789-us-trucking-boom-contributes-to-rising-demand-for-diesel-tt.md) | +4.7% | +2.0% |
| DIESEL | 2026-10-29 | [India's top state refiner sees diesel and jet demand rising as ULSD heating oil sits at $4.77/gal — EnergyReader.io](https://feedsoft.ai/events/276-india-s-top-state-refiner-sees-diesel-and-jet-demand-rising-as-ulsd-heating-oil.md) | -2.4% | — |
| DIESEL | 2026-10-29 | [AMBEST CEO: Diesel Stays High Until Spring \| Big Rig Daily](https://feedsoft.ai/events/2174-ambest-ceo-diesel-stays-high-until-spring-big-rig-daily.md) | -2.4% | — |

## Sources

- qcintel.com: https://www.qcintel.com/article/diesel-inches-higher-as-us-china-stimulus-lifts-demand-hopes-29873.html

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