Weekly Rack ULSD Rises 16.54cts; Gasoline Up 9.42cts
10/02 10:39 AM
Weekly Rack ULSD Rises 16.54cts; Gasoline Up 9.42cts Miguel E. Andujar DTN Refined Fuels Market Reporter DAVENPORT, FL (DTN) -- Volatility dominated U.S. wholesale rack markets during the week ended Friday (10/2), with ultra-low sulfur diesel (ULSD) finishing 16.54cts above Monday's level while gasoline ended the week 9.42cts higher after reversing a three-day decline. National ULSD rack prices closed Friday at $5.1029 gallon, up from Monday's $4.9375 gallon. Gasoline finished at $3.5296 gallon, compared with $3.4354 gallon at the start of the week. The week's sharp swings reflected continued uncertainty across crude and refined-product markets as developments surrounding the U.S.-Iran conflict and changing expectations for global fuel supply kept prices volatile. Gasoline also found support from tighter domestic inventories after the Energy Information Administration reported U.S. motor gasoline stocks fell 1.7 million bbl to 204.4 million bbl in the week ended September 25, the lowest level since November 2014. Distillates produced the week's most notable market move. The diesel crack climbed to a record $119.23 bbl Wednesday before retreating sharply to $99.30 bbl Friday morning, nearly $20 below the record and below $100 for the first time since September 8. The reversal came as global supply expectations shifted during the week. Chinese refiners suspended October fuel exports outside Hong Kong and Macau to protect domestic supplies, while later European Union governments discussed a proposal to release 50 million bbl of diesel from emergency inventories alongside a potential crude release by International Energy Agency members. NYMEX WTI reflected the changing outlook, trading near $95.70 bbl Monday morning before falling to around $89.30 bbl Friday. Front-month New York Harbor ULSD also ended the week under pressure near $4.4910 gallon. Friday's regional rack data highlighted the split between products. Gasoline increased across all five PADDs, led by a 12.93cts rise in the Midwest to $3.3351 gallon, while ULSD declined in four of the five regions, with Midwest values falling 5.81cts to $5.0470 gallon. PADD 5 ended the week with the widest premiums to the national averages in both products, at 69.21cts for gasoline and 42.88cts for ULSD. (c) Copyright 2026 DTN, LLC. All rights reserved.
 
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