After 4 increases, benchmark diesel price down third week in a row

Capt. John

The sliding market for oil led to a third straight decline Monday for the benchmark diesel price used for most fuel surcharges.

The Department of Energy/Energy Information Administration average weekly retail diesel price fell 1.1 cents a gallon to $3.768.

After four straight weeks of increases that followed nine consecutive weeks of declines, the DOE/EIA price had risen to $3.865 a gallon July 8. But the latest price puts it 9.7 cents below that.

Retail price moves generally lag futures and...

https://www.freightwaves.com/news/after-4-increases-benchmark-diesel-price-down-third-week-in-a-row

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