# Fuel for Thought: Diesel market may need prices to stay high to offset new global crisis

> S&P Global says diesel prices have fallen about 25% from their March record but remain elevated. European diesel stocks are at historic lows, and backwardation discourages storage. Platts assessed ULSD FOB ARA at $1,079.75/mt on Aug. 18.

- Date: 2022-08-23 · published 2022-08-23T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/40238-fuel-for-thought-diesel-market-may-need-prices-to-stay-high-to-offset-new
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Low inventories and expected winter demand leave the market vulnerable to price spikes if Russian supplies fall. Feed buyers face continued risk in diesel-linked freight and energy costs.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/blog/crude-oil/082322-fft-diesel-prices-demand-stocks

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