U.S. diesel demand and prices have weakened this year as freight and industrial activities have slowed amid higher interest rates and falling consumer demand for goods. Some refiners are already seeing a drag on diesel demand caused by the sticky inflation, while transportation and logistics firms say a "freight recession" is already happening, and smaller trucking companies are folding up. Container imports into the U.S. have dropped while freight activity is slowing as consumers shift spending from goods purchases during the pandemic…
