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The US average retail diesel price rose 6.1 cents to $3.104 a gallon on April 16, the largest single weekly gain of the year. Oil climbed past $68 a barrel as signs of a supply glut fading emerged, and diesel was up 50.7 cents from a year earlier.
Rising crude and retail diesel raise trucking and grain-haul costs, adding to feed delivery expenses and supporting energy-linked price pressure.
ttnews.comRoger GilroyApr 16, 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.
