Loading…
The US average on-highway diesel price fell 3.5 cents to $3.013 per gallon in the first week of 2019, its lowest level since late March and a 12th straight weekly decline totaling 38.1 cents. Prices fell in every region, with the largest drop on the West Coast excluding California.
Lower diesel prices reduce freight and on-farm fuel costs for feed operations. The steady weekly declines point to continued softness in distillate prices unless supply tightens.
overdriveonline.comMatt ColeJan 8, 2019Not 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.
