# Global diesel prices soften as inventories edge upward

> Global distillate fuel oil inventories remain far below normal for this time of year, but they have stopped falling. This has eased some of the upward pressure on diesel prices.

- Date: 2023-10-11 · published 2023-10-11T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/33822-global-diesel-prices-soften-as-inventories-edge-upward
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Stabilizing distillate stocks reduce the risk of further diesel price spikes, which helps keep freight and fuel costs for feed supply chains steady.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/global-diesel-prices-soften-inventories-edge-upward-kemp-2023-10-11/

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