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FreightWaves analysis finds US retail diesel has fallen far more slowly than crude and wholesale ULSD. Retail diesel was down 65.2 cents per gallon since January 1, a 21.27% drop, to $2.4167 per gallon on April 27.
Sticky retail diesel prices versus falling crude widen the margin gap, which matters for freight costs and farm fuel budgets.
freightwaves.comJohn KingstonApr 28, 2020Not enough comparable past events yet for a historical read.
Not 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.
