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WTI opened at $52.68 per barrel on Wednesday, the year's highest opening price, and spiked above $53 after an API inventory draw before EIA data showed a build. NY Harbor ULSD opened near $1.66 per gallon and ranged between $1.62 and $1.69 during the week.
Crude and diesel trading in a narrow range keeps fuel costs for feed logistics roughly steady, with no clear new trend.
fuelsmarketnews.comDr. Nancy YamaguchiDec 27, 2016Not 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.
