(Reuters) – U.S. consumption of diesel and other middle distillate fuels is decelerating in line with the wider slowdown in manufacturing and construction activity. Consumption of distillate fuel oil was up by 3% in the three months from February to April compared with the same period a year earlier, according to data from the U.S. Energy Information Administration. Consumption growth has fallen from more than 5% year-on-year in the three months from August to October and the trend is slowing despite short-term volatility (“Petroleum Supply Monthly”, EIA, June 28).
U.S. diesel consumption hit by economic slowdown:
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