# Diesel markets continue to remain oversupplied | Vortexa

> Vortexa reports that global diesel markets are well supplied, with Atlantic Basin imports falling in May while Pacific Basin exports ramp up. Diesel cracks remain elevated and new East of Suez refinery start-ups add supply.

- Date: 2024-05-30 · published 2024-05-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/30450-diesel-markets-continue-to-remain-oversupplied-vortexa
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Global diesel oversupply and pressured US Gulf Coast margins point to continued softness in diesel prices, which keeps freight and energy input costs contained.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- vortexa.com: https://www.vortexa.com/insights/diesel-markets-continue-to-remain

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