# US distillate inventories normalize as fuel demand slows | Reuters

> US distillate inventories are normalizing as fuel demand slows. Retail diesel averaged $3.94 a gallon, about 15% below a year earlier, with weak freight demand reducing diesel use by heavy trucks.

- Date: 2024-01-12 · published 2024-01-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/32305-us-distillate-inventories-normalize-as-fuel-demand-slows-reuters
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Softer distillate demand and normalizing stocks point to lower diesel prices, easing transport costs for feed supply chains.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/business/energy/us-distillate-inventories-normalize-fuel-demand-slows-2024-01-12/

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