Reported about 3 hours ago
The diesel benchmark price has increased for the first time in four weeks, rising 4.8 cents to $3.539/g following a previous decline. This upward trend in retail prices coincides with a slight increase in futures prices, although recent geopolitical developments have influenced market dynamics. With a crucial OPEC+ meeting approaching on December 1, analysts are speculating whether the group will adjust its production cuts amidst fluctuating global oil prices and increasing non-OPEC supply entering 2025.
Source: YAHOO