Benchmark Diesel Prices Increase for Second Week as Futures Markets Surge

Reported 3 days ago

The benchmark diesel price has risen for the second consecutive week, reaching $2.592 per gallon amid a tightening futures market. This increase follows a period of fluctuating prices and suggests a potential bottom has been reached. Futures prices for crude oil also saw significant increases, influenced by geopolitical tensions and declining U.S. crude production, with the EIA reporting the lowest production in 11 months.

Source: YAHOO

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