DOE/EIA average retail diesel price takes biggest jump in more than a year

After 105 past bullish macro events, ULSD / Diesel moved a median -0.4% over 5 sessions (45% higher; middle half -3.4% to +1.8%), and +1.2% over 20.

• Aug 29, 20229-week decline in DOE/EIA diesel price ends on big jump - FreightWaves-9.6%
• Oct 25, 2021DOE/EIA diesel price now up 30 cents in a month - FreightWaves-2.2%
• Oct 28, 2022East Coast retail diesel prices moving significantly higher than overall US hikes - FreightWaves-4.2%
• Oct 30, 2017Diesel Climbs to Highest Price in More Than Two Years - TT+1.0%
• Jun 28, 2021New streak underway: DOE/EIA diesel price up 9th straight week - FreightWaves+1.5%

After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.

• Oct 25, 2021DOE/EIA diesel price now up 30 cents in a month - FreightWaves-0.9%
• Oct 30, 2017Diesel Climbs to Highest Price in More Than Two Years - TT+3.2%
• Nov 27, 2020Diesel markets closing out a strong November - FreightWaves+0.1%
• Jan 7, 2021Diesel market in 2021: Something closer to normalcy likely on tap - FreightWaves+4.6%
• Nov 4, 2022Canadian dollar posts biggest gain in 12 years as jobs surge-1.9%