# Diesel inventories on ‘fumes’ as report sees recent stock rise - FreightWaves

> The EIA reported a rise in US distillate inventories in the week ending late October 2022, with a significant gain in East Coast ULSD stocks. Total distillate stocks were still only about 82% of the five-year average. Industry executives described the market as running on fumes ahead of winter.

- Date: 2022-11-02 · published 2022-11-02T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/7918-diesel-inventories-on-fumes-as-report-sees-recent-stock-rise-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

A stock build eases the tightest supply conditions, but inventories remain well below normal, so diesel prices stay elevated. Improvement is expected to be gradual through winter.

## Read by commodity

- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2025-05-28 | [Retail diesel benchmark price resumes downward momentum - FreightWaves](https://feedsoft.ai/events/24873-retail-diesel-benchmark-price-resumes-downward-momentum-freightwaves.md) | +0.9% | +10.9% |
| DIESEL | 2021-11-29 | [Small drop recorded in DOE/EIA diesel price amid volatile market - FreightWaves](https://feedsoft.ai/events/7524-small-drop-recorded-in-doe-eia-diesel-price-amid-volatile-market-freightwaves.md) | -5.9% | +5.7% |
| DIESEL | 2026-04-14 | [Benchmark diesel price ends its 12-week streak of increases - FreightWaves](https://feedsoft.ai/events/10137-benchmark-diesel-price-ends-its-12-week-streak-of-increases-freightwaves.md) | -7.0% | +4.5% |
| DIESEL | 2023-02-24 | [U.S. crude oil inventories rose as utilization drops](https://feedsoft.ai/events/37510-u-s-crude-oil-inventories-rose-as-utilization-drops.md) | +6.1% | -1.0% |
| DIESEL | 2020-02-27 | [Diesel average is down for seventh straight week, reports EIA - Logistics Management](https://feedsoft.ai/events/9359-diesel-average-is-down-for-seventh-straight-week-reports-eia-logistics.md) | +2.7% | -27.1% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/diesel-inventories-on-fumes-as-report-sees-recent-stock-rise

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