# Unlike Other Rallying Energy Commodities, Diesel Will Steadily Push Higher | Investing.com Canada

> Heating oil futures settled near 3.5-year highs, at $2.2577 per gallon, up 27% year on year. US retail diesel averaged $3.258 per gallon, and the EIA forecasts 2018 and 2019 averages of $3.17 and $3.18. Traders expect winter heating and holiday trucking demand to support further gains.

- Date: 2018-09-13 · published 2018-09-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/63227-unlike-other-rallying-energy-commodities-diesel-will-steadily-push-higher
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Seasonal demand and a supply deficit in distillates point to continued diesel price strength, raising the cost of moving feed and grain.

## Read by commodity

- DIESEL: bullish ▲

## Sources

- ca.investing.com: https://ca.investing.com/analysis/unlike-other-rallying-energy-commodities-diesel-will-steadily-push-higher-200197576

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