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Diesel markets were relatively calm in the week reported, with refining margins for ultra-low-sulfur diesel (ULSD) flat. Analysts described the futures curve as bearish.
Flat cracks and a bearish curve signal weaker diesel values, which lowers fuel and freight costs for feed transport and mill operations.
qcintel.comNov 24, 2023Not 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.
