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The EIA reported the US average diesel price at $3.708 per gallon for the week ending August 25, down half a cent. Distillate inventories fell 1.8 million barrels and sit about 15% below the five-year average.
Stocks running well below normal support diesel prices, which feed directly into trucking and grain freight costs.
After 109 past bullish report events, DIESEL moved a median +0.2% over 5 sessions (51% higher; middle half -3.3% to +3.9%), and +0.3% over 20.
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.