Loading…
The EIA's average US on-highway diesel price held at $3.806 a gallon in the week released July 17, the first unchanged reading since April 2021. Prices rose in seven of ten EIA regions and fell in three.
The national average is $1.626 below the level of a year earlier.
A flat diesel price keeps freight and fuel surcharge costs stable for feed buyers. The year-on-year decline means logistics costs are well below 2022 levels, so the price impact is limited.
ttnews.comTransport TopicsJul 17, 2023After 22 past neutral report events, ULSD / Diesel moved a median -0.1% over 5 sessions (50% higher; middle half -3.5% to +2.7%), and -0.2% over 20.
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.
