Loading…
The DOE/EIA benchmark diesel price rose 4.6 cents to $4.583 a gallon, ending a seven-week slide. Diesel futures fell sharply the same day after a strong run in December.
The retail uptick reflects earlier wholesale gains, but the futures drop suggests the cost pressure is not building. Fuel surcharges on feed deliveries are likely to stay roughly flat in the near term.
freightwaves.comJohn KingstonJan 3, 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.
