# Fuel price volatility could return amid peak season surge - FreightWaves

> Wholesale diesel rose about 8% or $0.10 a gallon in the first days of the week, the steepest increase since June, as refiners cut production. Trucking capacity is tight and freight demand is at record levels from e-commerce during the holiday season.

- Date: 2020-11-08 · published 2020-11-08T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/50325-fuel-price-volatility-could-return-amid-peak-season-surge-freightwaves
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Refinery closures and output cuts point to higher fuel costs and narrower rack-to-retail spreads, which raise transport costs for feed buyers. The analyst expects greater fuel price volatility into 2021.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2021-10-25 | [DOE/EIA diesel price now up 30 cents in a month - FreightWaves](https://feedsoft.ai/events/44747-doe-eia-diesel-price-now-up-30-cents-in-a-month-freightwaves.md) | -2.2% | -10.1% |
| DIESEL | 2021-06-28 | [New streak underway: DOE/EIA diesel price up 9th straight week - FreightWaves](https://feedsoft.ai/events/46785-new-streak-underway-doe-eia-diesel-price-up-9th-straight-week-freightwaves.md) | +1.5% | +0.3% |
| DIESEL | 2026-10-28 | [Diesel prices may stay elevated into spring 2027, fuel executives warn  - FreightWaves](https://feedsoft.ai/events/273-diesel-prices-may-stay-elevated-into-spring-2027-fuel-executives-warn.md) | -4.2% | — |
| DIESEL | 2022-10-28 | [East Coast retail diesel prices moving significantly higher than overall US hikes - FreightWaves](https://feedsoft.ai/events/39315-east-coast-retail-diesel-prices-moving-significantly-higher-than-overall-us.md) | -4.2% | -25.3% |
| DIESEL | 2020-11-16 | [DOE/EIA average retail diesel price takes biggest jump in more than a year - FreightWaves](https://feedsoft.ai/events/50323-doe-eia-average-retail-diesel-price-takes-biggest-jump-in-more-than-a-year.md) | +7.0% | +20.8% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/fuel-price-volatility-could-return-amid-peak-season-surge

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.