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The US average on-highway diesel price rose 2.1 cents to $3.406 a gallon in the week ending September 27, the highest national average since December 2014. California posted the highest regional price at $4.339 a gallon.
Record-high diesel raises trucking and feed delivery costs, which are passed on to buyers. The trend has continued for most of a year.
overdriveonline.comOverdrive StaffSep 28, 2021After 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.
