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The US average retail diesel price fell 0.2 cent to $3.032 a gallon, its fourth straight drop, and was 19.1 cents lower than a year earlier. WTI settled down 97 cents at $54.69 a barrel and Brent fell to $59.81 as the US-China trade dispute weighed on energy demand.
Cheaper diesel and crude lower transport and processing costs for feed makers, and the trade-driven demand worries point to continued softness in energy prices.
ttnews.comJim StinsonAug 5, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
On Aug 5 WTI and Brent fell as the US-China trade dispute weighed on energy demand, extending the decline in crude and diesel.
