# Diesel remains surplus product in dire search for outlets around the globe - Vortexa

> Global seaborne diesel flows are rising and could hit a record above 8 million b/d in July. Demand in Europe remains below pre-pandemic levels and middle distillate stocks are building, pressuring diesel cracks.

- Date: 2021-07-21 · published 2021-07-21T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/6947-diesel-remains-surplus-product-in-dire-search-for-outlets-around-the-globe
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

A structural diesel surplus with weak margins tends to weigh on diesel prices and refinery economics, with limited upside until demand recovers.

## Read by commodity

- DIESEL: bearish ▼

## Sources

- vortexa.com: https://www.vortexa.com/insights/products/diesel-remains-surplus-product-in-dire-search-for-outlets-around-the-globe/

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