Diesel futures rose, reversing an earlier decline, on speculation demand will climb from a six-month high and as U.S. exports rise. Futures climbed as much as 0.6 percent in New York . Demand for distillates in the four weeks ended May 9 was 4.09 million barrels a day, the highest level since November, according to government data. That may reach 4.5 million this week as export flows are forecast to increase, according to Energy Analytics Group Ltd., a fund adviser. “Demand is already exceptionally high and exports are growing dramatically,” said Tom Finlon, director of Energy Analytics in Jupiter, Florida. “It’s very good for diesel.” Ultra low sulfur diesel for June delivery advanced 1.25 cents, or 0.4 percent, to $2.9534 a gallon at 12:59 p.m. on the New York Mercantile Exchange . The fuel’s crack spread versus West Texas Intermediate crude swelled 72 cents to $21.63 a barrel while […]