US diesel stocks are starting off harvest season at historic lows
Oil Markets · S&P Global Energy
September 8, 202213m 47s
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Show Notes
Record-low stock levels in US diesel markets could signal problems for the highly liquid product. Dry weather has dampened crop projections, and long-term backwardation has stifled diesel storage and movement between regions in the US.
Associate refined products director Matthew Kohlman and diesel pricing specialist Wendy Dulaney discuss seasonal trends in ULSD as fall approaches.