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The U.S. average retail diesel price fell 1.7 cents to $3.338 a gallon, the third straight weekly decline, as WTI crude continued to sink. Prices fell in all regions, with California highest at $4.068.
Diesel remained 45.6 cents a gallon above a year earlier.
Lower crude is pulling diesel pump prices down, which eases trucking and farm fuel costs in the near term. Analysts still flag tight distillate supplies heading into winter as a risk of a rebound.
ttnews.comRoger GilroyNov 5, 2018Not 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.
