
The DOE/EIA weekly average retail diesel price rose 8.4 cents to $3.837/gal, its highest since July 2024, and has climbed three straight weeks. The benchmark used for most fuel surcharges is up 21.7 cents over that span.
Falling U.S. distillate inventories, which dropped from 123.6 million to 111.5 million barrels between late September and October 31, are cited as the main driver.
Rising diesel benchmarks increase fuel surcharges and hauling costs for feed delivery, and tight distillate stocks point to continued upward pressure on diesel prices in the near term.
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.