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BP reported its highest profit in 18 years on Oct. 30, driven by soaring refining margins.
The company is using the windfall to accelerate debt paydown. Diesel reached $6.38 per gallon nationally in mid-October, up 18% since August.
Elevated refining margins and tight global diesel capacity keep diesel costs high, which raises freight and fuel costs for feed ingredient logistics and supports energy-linked feed input costs.
carrieratlas.comTess CrawfordNov 1, 2026Not 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.
