
The U.S. average retail diesel price fell 7.3 cents to $2.586 per gallon, the 12th straight weekly decline, according to the Department of Energy. Prices dropped in every region, with the Gulf Coast lowest at $2.363.
Oil had fallen about 15% as excess supply met collapsing demand from the coronavirus.
Continued weekly declines in diesel reduce trucking and farm fuel costs for feed delivery. Retail moves track wholesale weakness, so the bearish energy trend keeps pressure on transport costs.
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.