# Depleted US diesel stocks attract hedge funds

> Futures for September 2023 delivery diesel have risen more than $16 a barrel from their late-April low. The diesel crack spread widened by $10 a barrel over the same period, as diesel prices outpaced crude. Hedge funds and other investors have begun to take interest in the tight diesel supply.

- Date: 2023-07-20 · published 2023-07-20T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/35249-depleted-us-diesel-stocks-attract-hedge-funds
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Investor interest and a widening crack spread signal that diesel is tightening faster than crude, which keeps transport and fuel costs elevated for feed buyers. Fund inflows can amplify near-term price moves.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/depleted-us-diesel-stocks-attract-hedge-funds-kemp-2023-07-20/

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