# Market Eye: US Spot Offers Signal Diesel Oversupply | Energy Intelligence

> US Gulf Coast diesel cargoes are being offered again in Europe's diesel spot market after a near six-month hiatus. Several traders have shown US fuel in the end-of-day trading window since the trans-Atlantic arbitrage reopened earlier in December.

- Date: 2016-12-15 · published 2016-12-15T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/73663-market-eye-us-spot-offers-signal-diesel-oversupply-energy-intelligence
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Returning US diesel exports signal ample supply, which argues against sustained diesel price strength and lowers fuel costs.

## Read by commodity

- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2023-03-31 | [Diesel Down Despite Supply Issues \| Energy Intelligence](https://feedsoft.ai/events/37030-diesel-down-despite-supply-issues-energy-intelligence.md) | +2.0% | -9.6% |
| DIESEL | 2017-06-14 | [Products: US Exports Threaten Diesel Deluge \| Energy Intelligence](https://feedsoft.ai/events/70698-products-us-exports-threaten-diesel-deluge-energy-intelligence.md) | -3.5% | +2.0% |
| DIESEL | 2019-02-06 | [Products: Russia Steps Up Diesel Exports \| Energy Intelligence](https://feedsoft.ai/events/60793-products-russia-steps-up-diesel-exports-energy-intelligence.md) | +0.5% | +6.3% |
| DIESEL | 2017-12-13 | [Products: Russian Diesel Heads to New York \| Energy Intelligence](https://feedsoft.ai/events/67670-products-russian-diesel-heads-to-new-york-energy-intelligence.md) | +0.3% | +7.4% |
| DIESEL | 2021-02-17 | [Products: Weak Demand Triggers Unusual ULSD Moves \| Energy Intelligence](https://feedsoft.ai/events/48828-products-weak-demand-triggers-unusual-ulsd-moves-energy-intelligence.md) | +3.3% | +6.3% |

## Sources

- energyintel.com: https://www.energyintel.com/0000017b-a7d0-de4c-a17b-e7d2ad920000

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