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Cold Front, Hot Stocks: Diesel Prices Propel Energy Leaders
雪佛龙雪佛龙(US:CVX) MarketBeat·2025-01-05 20:15

Multiple factors, including forecasts for an extremely cold winter and rising natural gas prices, are driving a surge in diesel prices. The Department of Energy/Energy Information Administration (DOE/EIA) reported a 0.027increaseintheaverageretaildieselprice,reaching0.027 increase in the average retail diesel price, reaching 3.503 a gallon to close out 2024. This jump coincides with a rise in ultra-low sulfur diesel (ULSD) futures, which climbed 0.055agallontosettleat0.055 a gallon to settle at 2.2995, marking a 2.44% gain and the highest settlement since November 5th.  Natu ...