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The DOE weekly benchmark retail diesel price rose 1.5 cents to $5.718/gal after the ULSD futures climbed over 8 cents the prior week. The DOE changed its price methodology, so no direct comparison was published.
Benchmark diesel drives most fuel surcharges, so the rise feeds directly into feed delivery freight costs.
freightwaves.comJohn KingstonJun 13, 2022After 109 past bullish report events, ULSD / Diesel moved a median +0.2% over 5 sessions (51% higher; middle half -3.3% to +3.9%), and +0.3% 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.
