U.S. Rack Prices Continue Uptrend; ULSD Jumps 26.26cts
9/16 8:00 AM
U.S. Rack Prices Continue Uptrend; ULSD Jumps 26.26cts Miguel E. Andujar DTN Refined Fuels Market Reporter DAVENPORT, FL (DTN) -- U.S. wholesale rack prices continued their uptrend Wednesday (9/16), with ultra-low sulfur diesel (ULSD) and gasoline rising across all five PADDs even as crude oil futures fell amid reports Saudi Arabia had found a temporary alternative route for some exports. Nationwide ULSD rack prices averaged $5.5803 gallon, up 26.26cts from the previous trading session's $5.3177 gallon, according to DTN data. Conventional unleaded gasoline rack prices averaged $3.6054 gallon, up 13.48cts from Tuesday's $3.4706 gallon. The rise in rack prices contrasted with softer crude futures Wednesday as Saudi Aramco reportedly used ship-to-ship transfers at Oman's Sohar port to supply Asian buyers, partially offsetting disruptions following damage to Saudi Arabia's East-West pipeline. WTI fell to around $103.75 bbl after reaching a session high of $105.63 bbl. Product markets remained comparatively firm, particularly in distillates. Front-month NYMEX ULSD traded near $5.27 gallon after reaching $5.2968 earlier in the day, while RBOB gasoline fell to around $3.43 gallon. Refining margins continued to favor diesel, with the diesel crack trading above $116 bbl, up $1.25 on the day, compared with a gasoline crack above $40 bbl. ULSD racks increased across all five regions. Midwest values posted the largest advance, rising 34.84cts to $5.5594 gallon, followed by Gulf Coast prices, which jumped 30.83cts to $5.4290 gallon. Rocky Mountain ULSD increased 25.89cts to $5.6002 gallon, West Coast values rose 25.18cts to $6.1370 gallon and East Coast prices advanced 16.57cts to $5.4189 gallon. PADD 5 maintained the widest premium to the national average at 55.67cts, while PADD 1 held the largest discount at 16.14cts. Gasoline racks also rose across all five PADDs. Gulf Coast values posted the largest increase, climbing 14.83cts to $3.4231 gallon, followed closely by East Coast prices, which rose 14.69cts to $3.4344 gallon. Midwest gasoline advanced 13.31cts to $3.4733 gallon, West Coast values increased 10.63cts to $4.2448 gallon and Rocky Mountain prices rose 9.72cts to $4.1181 gallon. PADD 5 maintained the largest gasoline premium to the national average at 63.94cts, while PADD 3 held the widest discount at 18.23cts. (c) Copyright 2026 DTN, LLC. All rights reserved.
 
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