# Diesel price hike relatively muted as oil markets await arrival of Laura - FreightWaves

> ULSD diesel on CME rose 3.96 cents to $1.2476 per gallon on Monday ahead of Tropical Storm Laura, while RBOB gasoline jumped 6.46%. Markets expected possible refinery shutdowns along the Texas-Louisiana coast.

- Date: 2020-08-24 · published 2020-08-24T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/51796-diesel-price-hike-relatively-muted-as-oil-markets-await-arrival-of-laura
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Anticipated refinery shutdowns can lift diesel prices, which raises fuel and freight costs for feed delivery, though the diesel move was modest.

## Read by commodity

- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2021-02-15 | [Higher diesel prices likely as freeze shuts down Gulf Coast refineries - FreightWaves](https://feedsoft.ai/events/48826-higher-diesel-prices-likely-as-freeze-shuts-down-gulf-coast-refineries.md) | +4.9% | +9.7% |
| DIESEL | 2022-12-27 | [Benchmark diesel price down again but futures price turns higher - FreightWaves](https://feedsoft.ai/events/38423-benchmark-diesel-price-down-again-but-futures-price-turns-higher-freightwaves.md) | -4.3% | +3.3% |
| DIESEL | 2021-08-30 | [Ida update: oil markets open higher; ALAN gives guidance - FreightWaves](https://feedsoft.ai/events/45745-ida-update-oil-markets-open-higher-alan-gives-guidance-freightwaves.md) | +2.4% | +8.9% |
| DIESEL | 2024-12-30 | [Diesel benchmark up slightly; futures market soars on forecast of extreme cold - FreightWaves](https://feedsoft.ai/events/27156-diesel-benchmark-up-slightly-futures-market-soars-on-forecast-of-extreme-cold.md) | +5.6% | +10.3% |
| DIESEL | 2026-01-27 | [Marine Gasoil on East Coast Surges as Frigid Weather Pressures Diesel Market Higher - OPIS, A Dow Jones Company](https://feedsoft.ai/events/21250-marine-gasoil-on-east-coast-surges-as-frigid-weather-pressures-diesel-market.md) | -4.8% | +12.0% |

## Sources

- freightwaves.com: https://www.freightwaves.com/news/diesel-price-hike-relatively-muted-as-oil-markets-await-arrival-of-laura

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