Diesel benchmark up third straight week, but demand figures look weak

Retail diesel prices measured by the Department of Energy/Energy Information Administration average retail price now have moved higher for three consecutive weeks, but it doesn’t appear to be on the back of higher consumption.

The weekly DOE/EIA diesel price, used as the basis for most fuel surcharges, climbed 4.4 cents a gallon Monday to $3.813. Three weeks of increases followed nine weeks of declines.

And while it was not a factor in the retail prices surveyed by the EIA to produce its closely...

https://www.freightwaves.com/news/diesel-benchmark-up-third-straight-week-but-demand-figures-look-weak

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