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The EIA weekly national average diesel price rose 2.1 cents to $3.815 a gallon, the first increase since April 17. Diesel is still down about $1.995 from a year earlier, and sentiment and demand rebounded.
A small retail uptick ends a long decline, but freight demand is steady rather than growing, so the upside for diesel-driven transport costs looks limited.
ttnews.comTransport TopicsJun 20, 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.
