Benchmark diesel price up for third week as oil futures markets soar again

Capt. John

The 4.1-cent-per-gallon rise in the average benchmark retail diesel price posted Monday may be just the start of bigger increases in the coming weeks. 

The weekly Department of Energy/Energy Information Administration price climbed that amount to $3.602 a gallon. It’s the highest price since October and the third consecutive week of an increase.

After weeks of mostly downward drift, several factors have seen oil turn around sharply.

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