Reported about 11 hours ago
The benchmark diesel price has decreased by more than 4 cents per gallon for the third consecutive week, totaling a drop of 13.4 cents over this period. As of Monday, the average retail diesel price reported by the Department of Energy stands at $4.62 per gallon, marking the lowest level since mid-June. This decline follows a significant downturn in futures prices, despite some fluctuations in the ultra low sulfur diesel market, indicating ongoing concerns about a potential oil market surplus.
Source: YAHOO