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The DOE/EIA benchmark retail diesel price rose 4.7 cents to $3.639 a gallon, its third straight weekly increase. Meanwhile, CME ULSD futures fell 10.5% over five trading days to a settlement of $2.0699 a gallon, a 24.41 cent decline.
Retail diesel lags wholesale futures, so pump prices should fall in coming weeks as the futures drop passes through. Lower diesel costs reduce fuel surcharges and feed transport expenses for buyers.
freightwaves.comJohn KingstonApr 8, 2025Not 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.
CME ULSD futures fell 10.5% over five trading days to $2.0699, which directly matches the move in question.
