# NY Harbor diesel prices reach multi-year highs | Latest Market News

> New York Harbor barge ULSD rose 24.07 cents to $4.87/USG, the highest since November 2022, as futures climbed on Middle East tensions and supply concerns. Distillate stocks on the Central Atlantic coast fell to historically low levels, and export loadings rose sharply.

- Date: 2024-03-25 · published 2024-03-25T12:00:00.000Z
- Category: geopolitics · region US · magnitude medium
- Page: https://feedsoft.ai/events/31384-ny-harbor-diesel-prices-reach-multi-year-highs-latest-market-news
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Low East Coast distillate inventories and high regional differentials raise delivered diesel costs for feed and grain transport. The Middle East risk premium supports higher crude and distillate prices.

## Read by commodity

- BRENT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2024-03-25 | [New York Harbor RBOB, ULSD hit multiyear highs: Update \| Latest Market News](https://feedsoft.ai/events/31385-new-york-harbor-rbob-ulsd-hit-multiyear-highs-update-latest-market-news.md) | -0.9% | -3.5% |
| DIESEL | 2024-03-25 | [US biofuel inputs hit multiyear highs on war, policy \| Latest Market News](https://feedsoft.ai/events/31291-us-biofuel-inputs-hit-multiyear-highs-on-war-policy-latest-market-news.md) | -0.9% | -3.5% |
| DIESEL | 2024-03-25 | [Crude futures surge 7pc to new four-year high \| Latest Market News](https://feedsoft.ai/events/31381-crude-futures-surge-7pc-to-new-four-year-high-latest-market-news.md) | -0.9% | -3.5% |
| DIESEL | 2022-05-12 | [Diesel Under Pressure - Fuels Market News](https://feedsoft.ai/events/11771-diesel-under-pressure-fuels-market-news.md) | -12.6% | -3.1% |
| DIESEL | 2025-06-17 | [Diesel Prices Surge as Israel-Iran War Pressures Market - TT](https://feedsoft.ai/events/8385-diesel-prices-surge-as-israel-iran-war-pressures-market-tt.md) | -4.0% | +0.6% |
| BRENT | 2024-03-25 | [US biofuel inputs hit multiyear highs on war, policy \| Latest Market News](https://feedsoft.ai/events/31291-us-biofuel-inputs-hit-multiyear-highs-on-war-policy-latest-market-news.md) | +1.9% | +2.3% |
| BRENT | 2024-03-25 | [Crude futures surge 7pc to new four-year high \| Latest Market News](https://feedsoft.ai/events/31381-crude-futures-surge-7pc-to-new-four-year-high-latest-market-news.md) | +1.9% | +2.3% |
| BRENT | 2018-06-29 | [Oil hits new multi-year high as market tightens on lost supply](https://feedsoft.ai/events/8782-oil-hits-new-multi-year-high-as-market-tightens-on-lost-supply.md) | +0.2% | -3.3% |

## Sources

- argusmedia.com: https://www.argusmedia.com/en/news-and-insights/latest-market-news/2875874-ny-harbor-diesel-prices-reach-multi-year-highs

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