# U.S. refiners on course to digest excess diesel by March: Kemp - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com

> John Kemp reports that US distillate stocks were 20% above the five-year average in early October, down from 29% in June. Forward refining margins are edging higher, and refiners are cutting runs to work off the excess.

- Date: 2020-10-04 · published 2020-10-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/50830-u-s-refiners-on-course-to-digest-excess-diesel-by-march-kemp-energy-news-top
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Narrowing the surplus and recovering refining margins point to firmer diesel prices into 2021 as stocks normalise.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- energynow.com: https://energynow.com/2020/10/u-s-refiners-on-course-to-digest-excess-diesel-by-march-kemp/

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