Gasoline Firms as ULSD Racks Slide 18.30cts


   
   DAVENPORT, FL (DTN) -- U.S. wholesale rack markets diverged Thursday (9/24), 
with conventional gasoline prices rising nationally while ultra-low sulfur 
diesel (ULSD) fell across all five PADDs despite firmer crude oil and 
refined-product futures.

   Nationwide ULSD rack prices averaged $5.1028 gallon, down 18.30cts from the 
previous trading session's $5.2857 gallon, according to DTN data.

   Conventional unleaded gasoline rack prices averaged $3.6113 gallon, up 
4.69cts from the previous day's $3.5644 gallon.

   The split in rack prices came as crude oil extended gains Thursday, with 
markets seeing little evidence of meaningful progress toward a diplomatic 
resolution in U.S.-Iran talks. NYMEX WTI traded near $93.73 bbl, up $1.57 on 
the day.

   Downstream futures were also firmer. Front-month New York Harbor ULSD rose 
2.13cts to $4.7977 gallon, while RBOB gasoline increased 1.42cts to $3.6012 
gallon.

   Refining margins weakened despite the higher product futures. The diesel 
crack fell $0.88 to about $107.83 bbl, while the gasoline crack declined $1.15 
to around $57.29 bbl.

   ULSD racks fell across all five PADDs. Midwest values posted the largest 
decline, dropping 26.20cts to $5.1070 gallon, followed by Gulf Coast prices, 
which fell 20.62cts to $4.9547 gallon. West Coast ULSD declined 19.45cts to 
$5.5994 gallon, Rocky Mountain values fell 15.21cts to $5.3927 gallon and East 
Coast prices dropped 10.11cts to $4.9062 gallon.

   PADD 5 maintained the widest ULSD premium to the national average at 
49.66cts, while PADD 1 held the largest discount at 19.66cts.

   Gasoline racks were mixed regionally despite the higher national average. 
East Coast values posted the largest increase, rising 7.72cts to $3.4444 
gallon, followed by West Coast prices, which gained 7.22cts to $4.3932 gallon. 
Gulf Coast gasoline rose 7.09cts to $3.4659 gallon, while Midwest values fell 
1.57cts to $3.3573 gallon and Rocky Mountain prices declined 2.00cts to $4.0835 
gallon.

   PADD 5 maintained the largest gasoline premium to the national average at 
78.19cts, while PADD 2 held the widest discount at 25.40cts.

    

    




(c) Copyright 2026 DTN, LLC. All rights reserved.