# U.S. diesel prices drop as Europe's ban on Russian imports begins

> US diesel prices fell as Europe's ban on Russian product imports began, with US distillate stocks rebuilt during a period of lower demand. Lower prices are easing inflation worries that had weighed on investors.

- Date: 2023-02-10 · published 2023-02-10T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/37497-u-s-diesel-prices-drop-as-europe-s-ban-on-russian-imports-begins
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Lower diesel costs reduce feed-transport and farm operating expenses, a modest bearish signal for diesel-linked logistics costs; the Russian import ban adds some upward pressure on global diesel trade flows.

## Read by commodity

- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2019-12-30 | [Diesel Prices Remain Stable as IMO 2020 Mandate Set to Begin - TT](https://feedsoft.ai/events/55746-diesel-prices-remain-stable-as-imo-2020-mandate-set-to-begin-tt.md) | -1.0% | -16.4% |
| DIESEL | 2023-06-20 | [TODAY IN ENERGY: U.S. diesel prices have fallen below prices from before Russia’s invasion of Ukraine](https://feedsoft.ai/events/35679-today-in-energy-u-s-diesel-prices-have-fallen-below-prices-from-before-russia-s.md) | -3.8% | +1.6% |
| DIESEL | 2020-04-22 | [Oil’s collapse and its effect on diesel prices - FreightWaves](https://feedsoft.ai/events/53806-oil-s-collapse-and-its-effect-on-diesel-prices-freightwaves.md) | -15.4% | +28.7% |
| DIESEL | 2023-04-25 | [Sliding Diesel Prices Signal Warning for U.S. Economy](https://feedsoft.ai/events/36578-sliding-diesel-prices-signal-warning-for-u-s-economy.md) | -5.7% | -6.2% |
| DIESEL | 2024-10-28 | [Benchmark diesel price rises against backdrop of falling futures - FreightWaves](https://feedsoft.ai/events/28037-benchmark-diesel-price-rises-against-backdrop-of-falling-futures-freightwaves.md) | +0.1% | +1.6% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/us-diesel-prices-drop-europes-ban-russian-imports-begins-2023-02-10/

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