Benchmark Diesel Price Drops Most Since Late 2022
The benchmark diesel price fell by 20.5 cents per gallon to $5.403/g, marking the largest decline since late 2022. This follows two consecutive weeks of price decreases after 12 weeks of increases. The ultra low sulfur diesel (ULSD) contract on the CME commodity exchange has experienced significant volatility, with sharp declines and rebounds over the past two weeks.
Topics: diesel prices energy markets fuel surcharges oil market trends