Benchmark Diesel Prices Decline Over 13 Cents in Three Weeks

Reported about 15 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

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