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The EIA weekly benchmark US diesel price rose 2 cents to $3.514 a gallon but marks its 2025 low after three straight declines totaling 12.5 cents. ULSD futures have climbed from around $2.05 to $2.18 since April 10 but were down about 2% on the day.
The benchmark fuel surcharge basis is at its lowest of the year, lowering trucking and feed delivery costs. Futures firmness and an expiring contract rollover create uncertainty about whether retail prices keep falling.
freightwaves.comJohn KingstonApr 29, 2025Not 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.
