Benchmark diesel price near lows last seen in July

Capt. John

Retail diesel prices are now near levels not seen since the beginning of last summer.

The weekly average retail diesel price posted by the Department of Energy/Energy Information Administration fell 5.9 cents a gallon Monday to $3.789. It’s the lowest price in the data series since $3.767 a gallon was posted July 3, 2023. It’s also the sixth consecutive weekly decline in the price, which is now down 84.4 cents a gallon since its most recent high of $4.633 a gallon posted Sept. 18.

Futures prices...

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.