Diesel market points down post-election; benchmark slides

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Diesel benchmarks have fallen following the U.S. election, amid expectations of easing tensions in the Middle East. The report describes a downward market reaction to the prospect of peace or reduced conflict, without specifying benchmark levels.

Oil markets have often reacted with strong downward moves whenever there has been a suggestion that all-out peace or at least an easing of Middle East tensions was at hand.  That has never been more true than in the days since the Democratic victories on Election Day. And it has now shown up in the […] The post Diesel market points down post-election; benchmark slides appeared first on FreightWaves.