US diesel inventories hit lowest level since May 2003, tightening supply
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US diesel inventories have fallen to their lowest level since May 2003, signaling tightening supply in the refined fuels market. The drawdown reflects sustained demand for transportation and heating fuels against constrained refining capacity and distribution. The development matters because diesel is a key input for freight, agriculture, and industrial activity, so scarce supply can feed through into broader energy costs. Watch upcoming inventory reports and refinery run rates for signs of further tightening or seasonal restocking.
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US diesel inventories