# U.S. diesel stocks start to normalise as economy slows

> US distillate inventories, including diesel and heating oil, are rising quickly as consumption slows. Intermodal container volumes on US railroads in October were the lowest for the time of year since 2013. Reuters links the slowdown to decelerating global manufacturing and freight activity.

- Date: 2022-12-09 · published 2022-12-09T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/38425-u-s-diesel-stocks-start-to-normalise-as-economy-slows
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Rebuilding inventories and weaker freight demand reduce the pressure on diesel prices. A softer economy also weakens demand for transport and feed deliveries.

## Read by commodity

- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2022-07-08 | [Global diesel demand starts to slacken as economy falters \| Reuters](https://feedsoft.ai/events/11245-global-diesel-demand-starts-to-slacken-as-economy-falters-reuters.md) | -0.3% | -10.3% |
| 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 | 2020-04-17 | [U.S. diesel market starts to show weakness, follows gasoline](https://feedsoft.ai/events/53808-u-s-diesel-market-starts-to-show-weakness-follows-gasoline.md) | -22.6% | -7.6% |
| DIESEL | 2023-04-06 | [Global diesel prices fall as economic slowdown intensifies](https://feedsoft.ai/events/36585-global-diesel-prices-fall-as-economic-slowdown-intensifies.md) | -2.0% | -18.8% |
| DIESEL | 2022-12-01 | [U.S. diesel use slows as manufacturing, freight falter: Kemp \| Reuters](https://feedsoft.ai/events/38427-u-s-diesel-use-slows-as-manufacturing-freight-falter-kemp-reuters.md) | -17.4% | -1.6% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/us-diesel-stocks-start-normalise-economy-slows-2022-12-09/

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