# Diesel Jumps 6.1¢ to $3.104 a Gallon in Single Biggest Increase of Year - TT

> 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.

- Date: 2018-04-16 · published 2018-04-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/65681-diesel-jumps-6-1-to-3-104-a-gallon-in-single-biggest-increase-of-year-tt
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Rising crude and retail diesel raise trucking and grain-haul costs, adding to feed delivery expenses and supporting energy-linked price pressure.

## Read by commodity

- WTI: bullish ▲
- DIESEL: bullish ▲

## Sources

- ttnews.com: https://www.ttnews.com/articles/diesel-jumps-61c-3104-gallon-single-biggest-increase-year

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