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The DOE/EIA benchmark diesel price fell 1.7 cents to $3.497 a gallon, its fourth straight weekly decline and lowest since before Christmas 2024. CME ULSD settled at $1.9598, its lowest since May 2021, though part of the drop reflected contract rollover.
Lower diesel prices reduce fuel surcharges and transport costs for feed buyers, with fears of a supply-driven price war adding downward pressure on energy.
freightwaves.comJohn KingstonMay 6, 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.
