# Trucking Demand Helps Buoy US Diesel | Energy Intelligence

> Energy Intelligence reports that an ongoing recovery in US trucking is supporting diesel demand. Diesel stocks continue to grow, however, as the broader economy remains sluggish and the coronavirus outbreak adds uncertainty.

- Date: 2020-07-22 · published 2020-07-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52307-trucking-demand-helps-buoy-us-diesel-energy-intelligence
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Firmer trucking demand supports diesel prices, which raise US grain and feed haulage costs. Rising inventories limit the price upside.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- energyintel.com: https://www.energyintel.com/0000017b-a7db-de4c-a17b-e7db20a90000

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