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The U.S. average retail diesel price rose 6.3 cents to $2.882 a gallon on November 6, as crude oil climbed to its highest since June 2015. Diesel was 41.2 cents above a year earlier, and EIA reported gasoline and diesel inventories in the lower half of their seasonal range.
Rising crude and diesel prices with low inventories increase trucking and farm fuel costs, which feed into freight charges for feed deliveries.
ttnews.comRoger GilroyNov 6, 2017Not 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.
