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Midwest gasoline cash differentials extended a rally as traders built supplies ahead of refinery maintenance at Marathon's Catlettsburg and BP's Whiting plants. Brokers warned the premiums were too high relative to stockpiles and could reverse soon, while Midwest diesel grades fell 2.5 cents to parity with ULSD futures.
Regional fuel differentials shift with refinery outages and inventories, but the moves are small and have little direct bearing on feed grain or protein prices.
tradingview.comSep 19, 2024Not 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.
