Diesel Prices Drop Despite Fluctuating Futures Market

Reported 21 days ago

In the past week, diesel futures have experienced significant volatility, yet the benchmark retail price for diesel has decreased, falling by 3.7 cents to $3.536 per gallon, the lowest since late September. The futures market saw a sharp initial decline followed by a rise, while retail prices lagged behind these changes. Key events influencing the market include geopolitical tensions and OPEC's production decisions, as well as varying projections for global oil demand.

Source: YAHOO

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