# Growing Economy Boosts Fuel Demand to Decade High - TT

> The American Petroleum Institute reported total U.S. fuel deliveries reached 20.3 million bpd in June, the highest June level in a decade. Distillate demand rose 4.1% and jet fuel rose 6.1%, while gasoline fell 0.5%. U.S. crude output was 9.34 million bpd, the highest for the month in 45 years.

- Date: 2017-07-31 · published 2017-07-31T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/70145-growing-economy-boosts-fuel-demand-to-decade-high-tt
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Stronger diesel and jet demand supports crude and diesel prices, though high U.S. output limits the upside. Higher diesel prices raise trucking and feed delivery costs.

## Read by commodity

- WTI: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2021-08-25 | [Oil rises on US fuel demand, extends rally](https://feedsoft.ai/events/11408-oil-rises-on-us-fuel-demand-extends-rally.md) | +1.4% | +7.1% |
| WTI | 2019-11-18 | [IEA: Oil demand growth to accelerate in 2019 fourth quarter \| Oil & Gas Journal](https://feedsoft.ai/events/56232-iea-oil-demand-growth-to-accelerate-in-2019-fourth-quarter-oil-and-gas-journal.md) | +0.2% | +4.5% |
| WTI | 2024-09-10 | [US EIA lifts oil demand forecast, says prices will recover to above $80/bbl \| Reuters](https://feedsoft.ai/events/10170-us-eia-lifts-oil-demand-forecast-says-prices-will-recover-to-above-80-bbl.md) | +2.1% | +11.9% |
| WTI | 2024-12-30 | [EIA: U.S. crude stocks fall on strong refining demand](https://feedsoft.ai/events/27162-eia-u-s-crude-stocks-fall-on-strong-refining-demand.md) | +4.2% | +4.2% |
| WTI | 2021-08-25 | [U.S. crude inventories fall as demand hits highest since March 2020 - EIA \| Reuters](https://feedsoft.ai/events/11407-u-s-crude-inventories-fall-as-demand-hits-highest-since-march-2020-eia-reuters.md) | +1.4% | +7.1% |
| DIESEL | 2021-02-18 | [US DATA: EIA says total US diesel fuel demand jumps to 15-month high \| S&P Global](https://feedsoft.ai/events/48824-us-data-eia-says-total-us-diesel-fuel-demand-jumps-to-15-month-high-s-and-p.md) | +4.0% | +3.4% |
| DIESEL | 2026-07-31 | [Grain Transport Demand Strong Despite Fuel Price Swings \| Feed & Grain](https://feedsoft.ai/events/16352-grain-transport-demand-strong-despite-fuel-price-swings-feed-and-grain.md) | -7.8% | +4.6% |
| 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% |

## Sources

- ttnews.com: https://www.ttnews.com/articles/growing-economy-boosts-fuel-demand-decade-high

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