Diesel benchmark up slightly; futures market soars on forecast of extreme cold
The benchmark price for most fuel surcharges was higher against a backdrop of climbing diesel futures prices.
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.
The benchmark price for most fuel surcharges was higher against a backdrop of climbing diesel futures prices.
The supply/demand outlook for oil increasingly points to downward pressure on oil prices next year, as does greater use of electric vehicles.
The benchmark diesel price used for most fuel surcharges declined Monday.
The benchmark diesel price used for most fuel surcharges rose this week from the lowest level in more than three years.
The benchmark diesel price used for most fuel surcharges fell to its lowest level since fall 2021.
Despite declining futures prices, the benchmark retail diesel price rose by a small amount.
The benchmark price used for most fuel surcharges rose for the first time in four weeks.
The benchmark diesel price fell to a level not seen since October 2021.
The benchmark price used for most fuel surcharges dropped for the third time in four weeks to a more than three-year low.
The benchmark diesel price used for most fuel surcharges declined in the middle of a wild swing in futures markets.
The benchmark diesel price used for most fuel surcharges rose though the broader futures market fell.
The benchmark diesel price used for most fuel surcharges declined Monday after four weeks of rising prices.
The benchmark diesel price used for most fuel surcharges rose for a fourth straight week, but futures prices plunged.
The benchmark diesel price used for most fuel surcharges rose for the third consecutive week.
The benchmark diesel price used for most fuel surcharges rose 0.5 cents per gallon this week.
The benchmark diesel price used for most fuel surcharges rose for the first time Monday after 10 weeks of declines.
The retail diesel price used as the basis for most fuel surcharges has fallen for a 10th straight week.
The monthly report on oil demand from the International Energy Agency should be good news for transportation companies.
In the middle of an overarching downward trend in the price of oil, the benchmark diesel price fell for the ninth straight week.
The drop in the benchmark retail diesel price is a lot smaller than what is going on in futures markets.