Retail diesel prices as measured by the Department of Energy/Energy Information Administration weekly average are starting to react to an overall bullish market in crude oil and petroleum products.
The weekly number, the benchmark used in most fuel surcharges, rose 6.5 cents a gallon Monday to $4.061 a gallon. It’s the largest one-week increase since a big 21-cent increase on Feb. 12.
But even after that rise two months ago, the price stood at $4.109 a gallon. With Monday’s increase, the...
https://www.freightwaves.com/news/benchmark-diesel-price-heads-higher-so-do-world-oil-markets