# Diesel dropping rapidly in futures market, outstripping declines in crude - FreightWaves

> Diesel futures fell sharply as signs of weaker US demand, rising inventories, and reports of Chinese exports weighed on the market. ULSD settled at $3.2052 a gallon, down about 38 cents from its September 7 high, faster than the decline in crude.

- Date: 2022-09-15 · published 2022-09-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/39777-diesel-dropping-rapidly-in-futures-market-outstripping-declines-in-crude
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Futures are falling faster than crude, which narrows refining margins and eases wholesale diesel costs for buyers. Rising inventories suggest the price pressure could persist.

## Read by commodity

- BRENT: bearish ▼
- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/diesel-dropping-rapidly-in-futures-market-outstripping-declines-in-crude

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