Reported 9 days ago
The benchmark diesel price has risen for the third consecutive week, increasing by 4.7 cents to $3.639 per gallon, despite a significant decline in futures prices for crude oil and gasoline. This rise is attributed to previous gains in ultra-low sulfur diesel (ULSD) prices, which experienced a substantial drop recently. The situation is compounded by OPEC+'s decision to proceed with planned production increases, maintaining market volatility.
Source: YAHOO