# U.S. diesel use slows as manufacturing, freight falter: Kemp | Reuters

> US consumption of diesel, heating oil and other distillates has started to fall in response to high prices and slower manufacturing and freight activity. Diesel exports from China have slowed, and Russia's invasion of Ukraine and related sanctions have worsened supply tightness. Freight operators are consolidating deliveries to conserve fuel.

- Date: 2022-12-01 · published 2022-12-01T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/38427-u-s-diesel-use-slows-as-manufacturing-freight-falter-kemp-reuters
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Falling demand from manufacturing and freight reduces diesel prices and freight costs for feed. The mix of high prices and conservation suggests that demand will stay weak in the near term.

## Read by commodity

- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2023-01-06 | [U.S. manufacturing downturn will cut diesel consumption](https://feedsoft.ai/events/37969-u-s-manufacturing-downturn-will-cut-diesel-consumption.md) | +7.9% | -7.2% |
| 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 | 2022-12-09 | [U.S. diesel stocks start to normalise as economy slows](https://feedsoft.ai/events/38425-u-s-diesel-stocks-start-to-normalise-as-economy-slows.md) | +14.5% | +6.9% |
| DIESEL | 2023-04-04 | [Hard-ish landing has already arrived for U.S. manufacturers](https://feedsoft.ai/events/36588-hard-ish-landing-has-already-arrived-for-u-s-manufacturers.md) | -0.5% | -14.9% |
| DIESEL | 2020-04-21 | [Diesel’s price decline Tuesday was historic; crude’s fall sets another record - FreightWaves](https://feedsoft.ai/events/53805-diesel-s-price-decline-tuesday-was-historic-crude-s-fall-sets-another-record.md) | -32.2% | +11.1% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/us-diesel-use-slows-manufacturing-freight-falter-kemp-2022-12-01/

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