# Diesel stays above $6 as distillate stocks hit 23-year low

> U.S. distillate inventories fell 3.6 million barrels to 99.3 million in the week ended October 30, their lowest level since May 2003. Demand over the previous four weeks was 8.7% above a year earlier, while refineries ran at 94.5% of capacity; the national diesel average declined 16.5 cents to $6.13 per gallon but remained well above year-earlier levels.

- Date: 2026-11-11 · published 2026-11-11T12:11:47.172Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/93427-diesel-stays-above-6-as-distillate-stocks-hit-23-year-low
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Low inventories and strong demand leave little cushion ahead of winter, supporting diesel prices and raising feed transport and production costs. Higher refinery output and exports have not prevented stocks from tightening.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2023-02-02 | [U.S. diesel stocks start the year critically low \| Reuters](https://feedsoft.ai/events/37501-u-s-diesel-stocks-start-the-year-critically-low-reuters.md) | -2.7% | -3.7% |
| DIESEL | 2018-07-31 | [EIA: U.S. Distillate Fuel Inventories Are Low for This Time of Year - Fuels Market News](https://feedsoft.ai/events/64209-eia-u-s-distillate-fuel-inventories-are-low-for-this-time-of-year-fuels-market.md) | -1.4% | +2.2% |
| DIESEL | 2026-10-28 | [US crude and distillate inventories fall, gasoline stocks rise, EIA says By Reuters](https://feedsoft.ai/events/271-us-crude-and-distillate-inventories-fall-gasoline-stocks-rise-eia-says-by.md) | -4.2% | — |
| 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% |
| DIESEL | 2023-11-22 | [US crude stockpiles jump, distillates draw down to 18-mth low - EIA \| Reuters](https://feedsoft.ai/events/33338-us-crude-stockpiles-jump-distillates-draw-down-to-18-mth-low-eia-reuters.md) | -1.0% | -7.4% |

## Sources

- theconveyor.co: https://www.theconveyor.co/p/diesel-above-6-distillate-stocks-23-year-low

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