# Refineries will continue to avoid jet output and favor diesel instead: report - FreightWaves

> Energy Aspects reports that refiners worldwide have shifted output away from jet fuel toward diesel, with diesel yields hitting record or multi-year highs in Europe and Japan. The shift has produced an oversupplied diesel market that Energy Aspects expects to stay under downward pressure. Refiners have cut jet output to prevent inventories from building further.

- Date: 2020-06-01 · published 2020-06-01T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/52824-refineries-will-continue-to-avoid-jet-output-and-favor-diesel-instead-report
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Persistent diesel oversupply lowers the cost of diesel-based freight and farm fuel, but it also signals weak refinery margins that could limit refinery runs.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- freightwaves.com: https://www.freightwaves.com/news/refineries-will-continue-to-avoid-jet-output-and-favor-diesel-instead-report

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