# U.S. diesel shortage starts to ease

> U.S. distillate inventories rose 3 million barrels between Oct. 7 and Nov. 18, against a normal seasonal drawdown, according to the EIA. Stocks remain about 21 million barrels below the pre-pandemic five-year seasonal average, though that gap has narrowed. Weaker exports and a slowing domestic demand for diesel are cited as the drivers.

- Date: 2022-11-24 · published 2022-11-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/38871-u-s-diesel-shortage-starts-to-ease
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Rebuilding inventories and softer export pull reduce the risk of a winter diesel squeeze, which lowers pressure on freight and feed transport costs. The price implication is bearish for diesel.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- hydrocarbonprocessing.com: https://www.hydrocarbonprocessing.com/news/2022/11/us-diesel-shortage-starts-to-ease/

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