John Kingston
Tuesday, March 10, 2026
Strait of Hormuz concerns: diesel benchmark sets a record gain
The price used to set diesel surcharges gained more in a week than it ever has in its 30+ year history.
Fuel News
Gas Sector News, Fuel Prices, and More.
Fuel prices and developments affect the entire supply chain, and can place a lot of pressure on carriers. Check back here for news and information related to fuel prices and the gas sector, plus insights and analysis on trends and issues impacting the industry.
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John Kingston
Sunday, March 1, 2026
Oil climbs in early trading, diesel rising more than crude
Oil rose in early trading late Sunday, but diesel was outstripping gains in crude.
John Kingston
Tuesday, February 24, 2026
For 7th straight week, benchmark diesel price is higher
The benchmark diesel price used for most fuel surcharges has risen for the 7th consecutive week.
John Kingston
Wednesday, February 18, 2026
Diesel benchmark moves higher for fifth straight week
The benchmark price used for most fuel surcharges rose for the fifth straight week.
John Kingston
Tuesday, February 10, 2026
Benchmark diesel up slightly as talk of an oil glut begins to fade
The benchmark diesel price used for most fuel surcharges rose a small amount, the fourth straight increase.
John Kingston
Tuesday, February 3, 2026
Diesel benchmark and futures move up again, but with possible signs of a peak
The benchmark used for most fuel surcharges rose for the third straight week.
John Kingston
Tuesday, January 27, 2026
Diesel surging on cold weather, more increases in DOE/EIA benchmark loom
After a fourth quarter of mostly declines, the benchmark diesel price is climbing fast.
John Kingston
Wednesday, January 21, 2026
Benchmark diesel price rises after eight weeks of declines
The benchmark diesel price used for most fuel surcharges rose for the first time in eight weeks.
John Kingston
Tuesday, January 13, 2026
Benchmark diesel down 8th straight week
The consecutive week streak of declines in the benchmark retail diesel price is now eight, but market conditions are suggesting it might be a challenge to reach nine. The Department of Energy/Energy Information Administration average weekly retail diesel price declined 1.8 cents/gallon in the price published Tuesday, effective Monday. The latest price is $3.459/g. It’s […]
John Kingston
Tuesday, January 6, 2026
Diesel benchmark falls in a post-Maduro oil market that barely moved
The key diesel benchmark fell again, but broader markets barely reacted to the Venezuelan news.
John Kingston
Tuesday, December 30, 2025
Latest decline in benchmark diesel leads to a mostly flat end-year price
The latest benchmark diesel price closed out 2025 pretty much where it finished up 2024.
John Kingston
Tuesday, December 23, 2025
Benchmark diesel down yet again, five straight weeks of declines
Another decline in the benchmark price of diesel has sent that number down by the biggest amount in a five-week period in two years..
John Kingston
Tuesday, December 16, 2025
Benchmark diesel falls against as oil market selloff picks up steam
The benchmark used for most fuel surcharges fell for the fourth consecutive week.
John Kingston
Tuesday, December 9, 2025
Two-week plunge in benchmark diesel takes it down more than 16 cts/g
The benchmark diesel price used for most fuel surcharges has plummeted over the last two weeks.
John Kingston
Tuesday, December 2, 2025
Benchmark diesel posts its biggest 1-week decline in almost a year
The benchmark diesel price used for most fuel surcharges is down 11 cents/gallon in two weeks.
John Kingston
Tuesday, November 25, 2025
Benchmark diesel price declines after four weeks of increases
The benchmark diesel price used for most fuel surcharges declined after four weeks of increases.
John Kingston
Tuesday, November 18, 2025
Four straight weeks of increases in benchmark diesel price
The benchmark diesel price used for most fuel surcharges has risen for four straight weeks.
John Kingston
Wednesday, November 12, 2025
Benchmark diesel price rises to its highest level 16 months
The benchmark diesel price used for most fuel surcharges is at its highest price since July 2024.
John Kingston
Tuesday, November 4, 2025
Benchmark diesel price rises again, market showing signs of tightening
The diesel price used for most fuel surcharges rose for a second consecutive week.
John Kingston
Tuesday, October 28, 2025
Retail diesel price takes biggest one-week rise since June
The weekly diesel price used for most fuel surcharges rose the most it has increased since June.