Loading…
EIA data for the week ended May 28 showed US retail diesel up 1.1 cents to an average of $3.288 a gallon, with gasoline up 3.9 cents. WTI fell sharply in the week ended May 25 to $67.88 a barrel after two weeks above $70.
A sharp crude pullback suggests diesel and freight costs may ease in coming weeks, modestly reducing transport cost pressure on feed delivery. Diesel prices remain near multi-year highs.
fuelsmarketnews.comKeith ReidMay 30, 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.
