With oil market stabilizing, diesel benchmark down for third straight week

Capt. John

The prospect of a wider war in the Middle East continues to fade and with it the prospects for $100 crude oil and higher price levels from the products that are made from it.

The Department of Energy/Energy Information Administration average weekly retail diesel price declined 4.5 cents a gallon effective Monday, bringing that benchmark down to $3.947 a gallon. It’s the third consecutive week and the fourth time in the past five weeks the price used for most fuel surcharges has declined.

Markets...

https://www.freightwaves.com/news/with-oil-market-stabilizing-diesel-benchmark-down-for-third-straight-week

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