# Genscape weekly European market signposts - Diesel stocks draw as imports dry up Report | Wood Mackenzie

> Wood Mackenzie's Genscape weekly update says European ULSD demand rose as lockdowns eased and industrial demand recovered. That demand was met by drawing storage, not by higher refinery runs. Imports from the Baltic and Middle East slumped, tightening European supply.

- Date: 2020-07-27 · published 2020-07-27T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/52304-genscape-weekly-european-market-signposts-diesel-stocks-draw-as-imports-dry-up
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Tighter European diesel supply supports diesel prices, which raise fuel and freight costs for feed ingredient logistics. The effect on feed commodity prices is indirect.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- woodmac.com: https://www.woodmac.com/reports/refining-and-oil-products-genscape-weekly-european-market-signposts-diesel-stocks-draw-as-imports-dry-up-425656/

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