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The EIA reported the national average diesel price at $3.30 a gallon, up 1.3 cents from the prior week and up every week since early May. The Rocky Mountain and West Coast regions posted the largest gains.
Persistent retail diesel increases raise fuel surcharges and delivered feed costs for buyers. The broad regional gains show the cost pressure is widespread.
landline.mediaDateJun 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.
