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The DOE/EIA retail diesel price fell 3.9 cents to $3.826 a gallon, ending four weeks of increases. Energy economist Philip Verleger described oil markets as dull and tightly range-bound.
Muted distillate price pressure suggests fuel surcharges will not rise sharply in the near term. Limited volatility keeps transport budgets for feed deliveries steady.
freightwaves.comJohn KingstonJul 15, 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.
