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Kemp's column says U.S. refiners are struggling to rebuild distillate stocks, which are already low. Resurgent freight demand is making restocking harder even if refinery runs stay elevated.
Low U.S. distillate inventories and firm freight demand support diesel prices, raising transport costs for feed supply chains.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.