Diesel Prices man

Diesel prices averaged USD 4.71 per gallon in October, down 0.8% from September. On 30 October, the commodity traded at USD 4.73 per gallon, down 1.9% from 30 September.

After rising for three months to hit a record high in September, diesel crack spreads eased slightly in October. The IEA sped up its diesel stockpile releases, and the U.S. lifted sanctions on Russian diesel sales. Moreover, U.S. diesel stocks rose to 9.8% below the five-year mean to 9.8% in late October.