Benchmark diesel price falls fourth straight week amid price war fears

Capt. John

The benchmark diesel price used as the basis for most fuel surcharges fell Monday for the fourth consecutive week, as global oil markets are eyeing the possibility of a market share war that could overwhelm buyers with supplies looking for a home. 

The Department of Energy/Energy Information Administration price of $3.497 a gallon, down 1.7 cents, is at its lowest level since just before Christmas 2024. Four weeks of declines have dropped the price by 14.2 cents during that period. 

The DOE/EIA...

https://www.freightwaves.com/news/benchmark-diesel-price-falls-fourth-straight-week-amid-price-war-fears

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