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Crude and diesel futures rose slightly in Monday trading while gasoline dipped, with prompt crude down about $1.69 a barrel on oversupply concerns. Markets were focused on the CPI release, the Fed decision, COP28 talks and expected US crude inventory draws.
Crude and diesel price moves set the cost base for fuel and freight, but this routine wrap shows no new fundamental shock.
mansfield.energySydney CaseyDec 12, 2023Not enough comparable past events yet for a historical read.
Not 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.
