# Products: Lockdowns Ease, But ULSD Glut Remains | Energy Intelligence

> European diesel market remains oversupplied even as lockdown transport restrictions begin to ease. A glut of import tankers is anchored offshore while waiting for buyers to emerge.

- Date: 2020-05-13 · published 2020-05-13T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/53313-products-lockdowns-ease-but-ulsd-glut-remains-energy-intelligence
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Excess diesel supply weakens refining margins and pressures crude and diesel prices, which feeds into feed-freight and fuel costs for feed buyers.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- energyintel.com: https://www.energyintel.com/0000017b-a7da-de4c-a17b-e7da9a200000

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