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The EIA reported the US average on-highway diesel price rose 5.8 cents to $3.561/gal, the largest weekly gain since October. The Gulf Coast posted a 7.3-cent increase to $3.269/gal.
The national average remains 26.7 cents below a year earlier.
Retail diesel increases raise trucking and delivery costs for feed buyers, though prices remain well below last year's levels. Continued gains would pressure logistics margins.
ttnews.comTransport TopicsJan 6, 2025After 109 past bullish report events, ULSD / Diesel moved a median +0.2% over 5 sessions (51% higher; middle half -3.3% to +3.9%), and +0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
