After 10 straight weeks of declines, DOE/EIA diesel price up slightly

Capt. John

The benchmark diesel price used for most fuel surcharges rose Monday, ending a string of 10 consecutive weeks of declines.

The price posted Monday by the Department of Energy/Energy Information Administration rose 1.3 cents a gallon to $3.539. It was the first increase since July 8, when the price climbed 5.2 cents to $3.865, 32.6 cents per gallon more than the latest price.

Monday’s increase comes after several days in futures and physical markets that had shown signs of a possible rebound from...

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