Loading…
C.H. Robinson reports that diesel prices keep rising faster than crude as Middle East disruptions, damaged refineries and falling Russian diesel output and exports tighten supply.
Global diesel exports in September were lower than a year earlier and inventories are being drawn down ahead of winter.
Tight diesel supply and refining constraints raise freight and farm input costs for feed buyers, and suggest near-term relief in distillate prices is limited.
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.