Reported 4 months ago
The average retail price of diesel fuel has dropped for the 10th straight week, declining by 2.9 cents to $3.526 per gallon. Over this period, prices have fallen a total of 33.9 cents, and are now approximately $1.10 lower than a year ago. Despite a recent low in futures markets, the overall bearish sentiment persists, with UBS revising its oil price forecasts downward.
Source: YAHOO