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US East Coast heating oil and diesel prices have climbed to multimonth highs, supported by unusually cold weather and strong export demand from Brazil and Canada. Refinery margins for distillates reached a three-year April high, and East Coast middle distillate exports have risen sharply in April.
Strong distillate export pull and high refinery margins tighten diesel supply and support diesel prices, which raise feed-transport and grain-logistics costs for buyers.
energynow.comApr 20, 2018Not 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.
