# Trucking demand throws a lifeline to ailing refineries

> Diesel has become the most profitable refined product as jets are grounded and cars parked, and it is keeping some refineries operating. Houston diesel spot prices traded more than 40 cents per gallon above 87-octane gasoline, and the Nymex diesel crack against WTI stayed above $22 a barrel. Trucking demand from online retail and medical deliveries stayed strong.

- Date: 2020-03-31 · published 2020-03-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/54335-trucking-demand-throws-a-lifeline-to-ailing-refineries
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Stronger diesel demand and margins relative to gasoline support diesel prices even as overall oil demand is weak. Refiners keeping diesel output going helps limit how far diesel prices fall for transport users.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- ajot.com: https://www.ajot.com/news/trucking-demand-throws-a-lifeline-to-ailing-refineries

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