# U.S. refiners forced to buy diesel in Midwest to fulfill contracts - BIC Magazine

> Midwest diesel spot prices rose in June as refiners running at about 76% of capacity bought fuel on the open market to meet contracts. Regional cash differentials to heating oil futures rose about 50% since early June, even though Midwest diesel stocks are near record levels. Refining margins have fallen to the lowest seasonal level since at least 2010.

- Date: 2020-06-11 · published 2020-06-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/52825-u-s-refiners-forced-to-buy-diesel-in-midwest-to-fulfill-contracts-bic-magazine
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Higher regional diesel differentials raise Midwest fuel costs for grain and feed logistics, even with ample inventories and weak refinery economics.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- bicmagazine.com: https://www.bicmagazine.com/industry/commodities/u-s-refiners-forced-to-buy-diesel-in-midwest-to-fulfill-cont/

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