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FreightWaves launched a next-day wholesale diesel forecast index covering 48 states, built with deep-learning models of wholesale rack price movements. The product is aimed at helping fleets time fuel purchases.
This is a data product announcement with no new supply or demand driver, so it has no direct effect on diesel or feed commodity prices.
After 224 past report events, ULSD / Diesel moved a median -0.3% over 5 sessions (45% higher; middle half -3.9% to +2.5%), 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.