# Weekly Energy Market Situation, May 18, 2020 - Fuels Market News

> U.S. distillate inventories rose by 3.5 million barrels in the week to May 8 despite higher distillate demand. Jet fuel demand has fallen sharply, and gasoline supplies declined as consumer demand recovers.

- Date: 2020-05-19 · published 2020-05-19T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/53319-weekly-energy-market-situation-may-18-2020-fuels-market-news
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Rising distillate stocks signal a surplus that weighs on diesel prices, while the recovery in gasoline demand narrows the gap between diesel and gasoline prices.

## Read by commodity

- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2022-07-05 | [Weekly Energy Market Situation—July 5, 2022 - Fuels Market News](https://feedsoft.ai/events/11247-weekly-energy-market-situation-july-5-2022-fuels-market-news.md) | -4.4% | -12.7% |
| DIESEL | 2017-05-01 | [EIA Gasoline and Diesel Retail Prices Update (Week Ended May 1, 2017) - Fuels Market News](https://feedsoft.ai/events/10011-eia-gasoline-and-diesel-retail-prices-update-week-ended-may-1-2017-fuels-market.md) | -4.1% | +4.1% |
| DIESEL | 2017-06-20 | [EIA Gasoline and Diesel Retail Prices Update (Week Ended June 19, 2017) - Fuels Market News](https://feedsoft.ai/events/70705-eia-gasoline-and-diesel-retail-prices-update-week-ended-june-19-2017-fuels.md) | -2.0% | +7.4% |
| DIESEL | 2020-07-29 | [EIA Gasoline and Diesel Retail Prices Update, July 28, 2020 - Fuels Market News](https://feedsoft.ai/events/52310-eia-gasoline-and-diesel-retail-prices-update-july-28-2020-fuels-market-news.md) | +0.9% | +0.4% |
| DIESEL | 2020-04-28 | [EIA Gasoline and Diesel Retail Prices Update, April 28, 2020 - Fuels Market News](https://feedsoft.ai/events/53809-eia-gasoline-and-diesel-retail-prices-update-april-28-2020-fuels-market-news.md) | +33.5% | +60.0% |

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/weekly-energy-market-situation-may-18-2020/

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