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The DOE/EIA national average diesel price fell 15.8 cents to $4.596 a gallon, the sixth consecutive weekly decline, and is down 73.7 cents over that period. Prices fell in all 10 regions, with the largest drop in New England.
WTI crude futures were $78.29 a barrel on Dec. 21, up $1.01 from a week earlier.
Lower retail diesel reduces fuel surcharges for feed transport and grain hauling. Crude prices are rising modestly, which may slow the decline at the wholesale level.
ttnews.comRoger GilroyDec 19, 2022Not 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.
