Reported 3 days ago
The benchmark diesel price has experienced a continuing decline, with the latest average retail price at $3.476 per gallon, down 1.8 cents from the previous week. The downward trend, spurred by the strengthening U.S. dollar—which reached its highest value in two years—reflects broader market pressures including weak Chinese demand and increased oil production from OPEC+. Despite relative market stability in recent weeks, the fundamental bearish trend in diesel prices remains intact.
Source: YAHOO