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Market Impact: 0.55
US Diesel Supplies Hit Record Low as Demand Season Looms
Source: Bloomberg
Energy Markets & PricesCommodities & Raw MaterialsTrade Policy & Supply Chain
US diesel supplies have fallen to the lowest seasonal level ever, raising the risk of further price increases for the global economy’s key workhorse fuel. With heating and agricultural demand beginning, the tightness could tighten supply further and feed higher fuel costs across sectors.
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