
The EIA's weekly update for the week ended May 1, 2017 showed diesel prices fell 1.2 cents to an average of $2.583 per gallon, and gasoline prices dropped significantly. PADD 2 diesel fell 1.4 cents to $2.516 per gallon.
Refinery outages included Tesoro's Mandan overhaul and PBF's Paulsboro hydrotreater maintenance.
Lower diesel prices reduce fuel and freight costs for feed ingredients moved by truck and rail. Refinery overhauls on diesel units can cause short-term regional tightness, but the overall trend points to softer prices.
Setelah 86 peristiwa laporan bearish sebelumnya, ULSD / Solar bergerak median -0,9% selama 5 sesi (37% lebih tinggi; separuh tengah -4,3% sampai +0,9%), dan +0,4% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.