Benchmark diesel price up for second straight week, futures markets rise sharply

Capt. John

After up-and-down movements for several weeks that netted out to lower retail diesel prices, two weeks of upward moves as well as developments in the futures market are signaling that a bottom may have been reached for now.

The average weekly retail diesel price published Monday by the Department of Energy/Energy Information Administration rose 2.5 cents a gallon to $2.592. That price is used for most fuel surcharges and is up 4.3 cents per gallon over the past two weeks. 

But it is still well...

https://www.freightwaves.com/news/benchmark-diesel-price-up-for-second-straight-week-futures-markets-rise-sharply

Leave a Comment