Loading…
The EIA reported the average US diesel price fell 0.7 cents to $2.562 per gallon, the third straight weekly decline. WTI was trading near $53.51 per barrel on NYMEX.
Lower diesel costs ease farm and feed transport expenses and fuel surcharges, a modest bearish signal for diesel-linked freight costs.
stage.logisticsmgmt.comLM StaffJan 31, 2017Not 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.
