# Diesel demand stays strong as oil falters - News for the Energy Sector

> Bloomberg reports that Asian diesel demand is strong, supported by economic growth and spring refinery maintenance that is tightening supply. Refining margins in Asia from diesel production hit their highest since 2014 in January. Oil investors are concerned about rising US crude output, which is weighing on crude prices.

- Date: 2018-02-12 · published 2018-02-12T12:00:00.000Z
- Category: market · region Asia · magnitude low
- Page: https://feedsoft.ai/events/66691-diesel-demand-stays-strong-as-oil-falters-news-for-the-energy-sector
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Tight Asian diesel supply and high refining margins support diesel prices, while rising US crude output pressures crude. Diesel and crude are therefore moving in different directions.

## Read by commodity

- WTI: bearish ▼
- DIESEL: bullish ▲

## Sources

- energyvoice.com: https://www.energyvoice.com/markets/163375/diesel-demand-stays-strong-oil-falters/

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