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The DOE benchmark diesel price fell by only 0.1 cents to $5.639/gal after a 28.9-cent rise the prior week. Futures for Brent were starting to rise again after a downward trend from a late-April high above $118.
Tight inventories and firmer crude could push diesel and fuel surcharges higher, raising feed transport costs.
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.