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The US average retail diesel price rose 3.2 cents to $3.042 a gallon on April 2 as oil fell to $63 a barrel on low trading volumes tied to US-China trade uncertainty. It was the second consecutive weekly increase after six declines, and diesel was 48.6 cents above a year earlier.
Diesel is firming on expectations of tight distillate supply as refiners exit maintenance, which keeps trucking and feed logistics costs elevated.
ttnews.comRoger GilroyApr 2, 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.
