# Diesel demand numbers point to a market that may be turning up - FreightWaves

> EIA data showed a proxy for distillate demand, mostly diesel, rose 11.8% in the week ended April 17 to 3.12 million b/d from 2.757 million the prior week. SONAR wholesale rack data showed diesel volumes up about 13% from April 16 to April 23.

- Date: 2020-04-24 · published 2020-04-24T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/53803-diesel-demand-numbers-point-to-a-market-that-may-be-turning-up-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Rebounding diesel demand suggests trucking and farm fuel use is recovering from the pandemic lows, which supports diesel and related energy prices.

## Read by commodity

- DIESEL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DIESEL | 2020-05-04 | 5 | +30.1% | 4.7 | Rising distillate demand proxy and rack volumes signal recovering diesel demand, which supports a rebound in ULSD. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2025-02-06 | [Market Talk \| Diesel Demand At 3 Year High](https://feedsoft.ai/events/26247-market-talk-diesel-demand-at-3-year-high.md) | +2.6% | -7.1% |
| DIESEL | 2021-05-03 | [DOE/EIA diesel price up for the week, first time since March - FreightWaves](https://feedsoft.ai/events/47280-doe-eia-diesel-price-up-for-the-week-first-time-since-march-freightwaves.md) | +4.8% | +6.4% |
| DIESEL | 2022-05-25 | [East Coast diesel inventories tighter again; other numbers offer buyers hope - FreightWaves](https://feedsoft.ai/events/41589-east-coast-diesel-inventories-tighter-again-other-numbers-offer-buyers-hope.md) | +8.0% | +11.9% |
| DIESEL | 2021-02-16 | [DOE/EIA diesel price up 15th straight week; diesel market higher on refinery outages - FreightWaves](https://feedsoft.ai/events/48822-doe-eia-diesel-price-up-15th-straight-week-diesel-market-higher-on-refinery.md) | +4.9% | +9.7% |
| DIESEL | 2025-06-17 | [Benchmark diesel price makes its biggest upward move since January - FreightWaves](https://feedsoft.ai/events/8384-benchmark-diesel-price-makes-its-biggest-upward-move-since-january-freightwaves.md) | -4.0% | +0.6% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/diesel-demand-numbers-point-to-a-market-that-may-be-turning-up

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