# Diesel Cash Spreads Normalizing, but Kero Concerns Lurk Ahead

> Diesel cash spreads over futures have fallen sharply, from $1.20 above futures on Nov. 9 to about 1.5 cents above, as product moves to the Northeast. Kerosene remains in very tight supply at record prices, and backwardation persists. Market participants are watching the Russian price cap.

- Date: 2022-11-23 · published 2022-11-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/38877-diesel-cash-spreads-normalizing-but-kero-concerns-lurk-ahead
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Easing physical spreads suggest retail diesel will keep falling, but tight kerosene supply supports heating fuel prices. The overall implication for diesel is bearish.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- burkeoil.com: https://www.burkeoil.com/value-added-services/energy-market-updates/diesel-cash-spreads-normalizing-but-kero-concerns-lurk

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