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Analysts at IHS Markit and others expect diesel prices to stay elevated through the summer even as gasoline is set to soften. Refinery run cuts, particularly in the eastern US, have tightened distillate supply, especially in the Chicago market.
Tighter diesel balances raise farm and trucking fuel costs and support diesel relative to crude, which feeds into feed-ingredient freight and processing costs for buyers.
producer.comRobin BookerJun 27, 2019Not 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.
