U.S. Diesel Market Tightness Raises Inflation Concerns
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U.S. manufacturing contraction slowed in September, potentially boosting diesel demand and inflation concerns.
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With diesel inventories below 5-year average, U.S. diesel market faces tightness ahead of winter.
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Diesel prices up over past month amid higher oil prices and lower inventories.
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Northeast heating oil inventories near 5-year lows ahead of winter heating season.
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Higher diesel prices could raise logistics costs and consumer prices, complicating Fed's inflation fight.