# Quiet diesel market awaits potential tariff impacts on Canadian oil - FreightWaves

> The EIA retail diesel price rose 1.2 cents to $3.677 a gallon, the third straight weekly gain and about 20 cents above late December. Futures have been volatile intraday but have largely offset themselves. Traders are awaiting possible US tariffs on Canadian crude.

- Date: 2025-02-18 · published 2025-02-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/26241-quiet-diesel-market-awaits-potential-tariff-impacts-on-canadian-oil-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A slow upward creep in diesel adds to hauling and processing costs, while potential tariffs on Canadian oil could tighten supply and lift prices further. Both factors are modest for now.

## Read by commodity

- WTI: neutral
- DIESEL: bullish ▲

## Sources

- freightwaves.com: https://www.freightwaves.com/news/quiet-diesel-market-awaits-potential-tariff-impacts-on-canadian-oil

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.