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An S&P Global Platts podcast discusses road transportation fuels, noting gasoline prices rallying on demand strength while diesel remains steady amid ample supply. Jet fuel blending into the middle distillates pool is weighing on diesel.
Steady diesel with ample supply suggests limited upward pressure on fuel and freight costs for feed buyers. The commentary is general market analysis without a major new driver.
castro.fmJul 1, 2021Not 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.
