# Diesel Prices Rise 1.3 cents - Supply Chain 24/7

> The EIA reported average diesel rose 1.3 cents to $2.493 per gallon, and diesel futures have gained more than 10% since OPEC agreed in late November to cut production. WTI was trading at $53.06, down from a 17-month high of $54.51.

- Date: 2016-12-13 · published 2016-12-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73669-diesel-prices-rise-1-3-cents-supply-chain-24-7
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Diesel strength raises freight and fuel surcharge costs for feed supply chains, though the cited crude pullback offers some offset.

## Read by commodity

- WTI: neutral
- DIESEL: bullish ▲

## Sources

- supplychain247.com: https://www.supplychain247.com/article/diesel_prices_rise_1_3_cents

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