Reported 3 months ago
The benchmark price of diesel fuel has decreased for the third week in a row, dropping by 1.1 cents to $3.768 per gallon. This follows four weeks of price increases after a prior decline, with current prices reflecting a drop of 9.7 cents from a high of $3.865 earlier in July. Contributing factors include stable U.S. inventories and reduced bullish sentiment among traders due to insufficient inventory drawdowns amid peak summer demand.
Source: YAHOO