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The DOE/EIA average weekly retail diesel price fell 2.1 cents to $3.476 a gallon, the fifth straight weekly decline. CME ULSD futures then rose sharply, settling at $2.1111 on Monday after a rally driven by the China-U.S. tariff agreement.
Rising ULSD futures signal that the benchmark diesel price used for fuel surcharges is likely to turn higher, raising freight costs for feed transport.
freightwaves.comJohn KingstonMay 13, 2025Not 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.
