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The US average diesel price fell 6.8 cents to $4.376 per gallon on February 21, down about 25 cents over three weeks, with declines in every region. AAA reported a similar downward trend.
Continued diesel declines lower trucking and grain-haul costs for feed buyers, a modest bearish signal for logistics costs.
fleetowner.comScott AchelpohlFeb 22, 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.
