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The EIA benchmark retail diesel price rose 5.4 cents to $3.812 per gallon, the seventh increase in eight weeks and the highest level in over a year. ULSD futures have risen 22.7% since early June, far faster than crude's 7%.
Diesel prices now sit near year-ago levels, and the sharp futures rally keeps fuel surcharges and feed delivery costs elevated.
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.